Market commentary
01
October
Market commentary: Tug-of-war movements
The market recorded a pullback, suggesting that the accumulation phase has not yet ended as buying power remains insufficient to sustain a recovery. This development reflects persistent caution among investors,...
30
September
Market commentary: Green start to the week
The market rebounded after the previous corrective session; however, liquidity remained at a low level, suggesting that cash flow has yet to fully re-engage. This indicates that the market is...
29
September
Market commentary: Caution persists
The market reversed into a decline, coupled with subdued liquidity, signaling that investor caution remains dominant. This suggests the previous rebound lacked conviction, and the market may need more time...
26
September
Market commentary: Successful MA10 test
The market successfully broke above the 10-day and 20-day moving averages, signaling a positive technical outlook. However, as liquidity failed to improve in tandem, it suggests that investor caution persists....
25
September
Market commentary: Market recovery
The market has shown signs of recovery; however, liquidity remains at average levels, not yet strong enough to confirm a trend reversal. In addition, the index is gradually approaching the...
24
September
Market commentary: The downward momentum stalled
Although a recovery was recorded, downside risks remain elevated as liquidity stayed at a low level. Moreover, the continued selling pressure in the afternoon session suggests that the short-term downtrend...
23
September
Market commentary: Negative signals emerge
The market has now logged five consecutive losing sessions, with liquidity rising sharply. This indicates that selling pressure is dominant, signaling a short-term downtrend and suggesting that the market may...
22
September
Market commentary: Rising downside risks
The market once again closed in the red, with liquidity remaining subdued, reflecting cautious investor sentiment. This suggests that downside risks remain and the market may need more time to...
19
September
Market commentary: Liquidity weakens
The market once again reversed into a decline, while liquidity continued to weaken over recent sessions, suggesting that risks are on the rise. This development indicates the market may need...
Featured Analysis
Covered warrant: Sustained pressure
Derivatives: Selling pressure returns
Market commentary: Market volatility
Chart of the day: Bull trap?
VOS – Brief – [NONRATED] – Profits surge thanks to higher rates
CNG – Earnings review – [HOLD] – 3Q25: Sacrificing profit for market expansion
Derivatives: Uptrend maintained
