Market commentary
09
January
Market commentary: Intraday rebound
Despite the market’s recovery efforts and a return to positive territory, this rebound remains temporary, as intraday liquidity stayed at a low level. This indicates that downside risks have not...
08
January
Market commentary: Selling pressure dominates market
The market ended the session in a near-flat state. Additionally, liquidity remained high, indicating that downside risks have materialized. In this context, investors may consider gradually reducing the allocation in...
07
January
Market commentary: Increased selling pressure
Although the market initially attempted to maintain its green momentum early in the session, strong profit-taking pressure led to a decline by the end of the session. Additionally, the increase...
06
January
Market commentary: Short-term downtrend?
The downtrend is confirmed following the sharp decline at the end of last week, especially as the index closed below the 10- and 20-period moving averages with increasing volume. However,...
03
January
Market commentary: Low liquidity
Trading activity remained subdued as liquidity stayed at a low level. However, the market still recorded optimistic signals as it made efforts to regain the green during the session, indicating...
24
December
Market commentary: Waiting for confirmation from liquidity
The market continued its positive development as demand prevailed throughout the session. However, liquidity remains unstable, with trading volume fluctuating at a relatively low level, reflecting caution among investors. Therefore,...
23
December
Market commentary: Demand returns
The market saw a positive development as demand returned actively after a previous session of fluctuations. However, liquidity remains unstable, which prevents confirming a clear trend. Therefore, investors should observe...
20
December
Market commentary: Pessimistic sentiment
The market's volatility, accompanied by increased liquidity, can be partly attributed to the expiration of derivative contracts and the SBV decision to sell USD to stabilize exchange rates. Additionally, the...
19
December
Market commentary: Demand returns
The market continues to fluctuate within a narrow range, but the support level at 1,260 pts remains firm and provides a foundation for the market. However, liquidity has yet to...
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Derivatives: Testing the 20-day moving average
Market commentary: Divergent market performance
Derivatives: Waiting for the next signal
Market commentary: Foreigners reversed strongly to net buying
Derivatives: Downtrend ahead?
