Market commentary

04

July

Market commentary: Market divergence

The market faced corrective pressure as it approached higher price levels, reflecting investor caution and increased profit-taking. However, the overall uptrend remains intact as the index continues forming new year-to-date...
Report (41)

03

July

Market commentary: Strong foreign inflows

The market's gain, coupled with a rise in liquidity, suggests a return of cash and support for the market’s uptrend. Therefore, investors may consider increasing the proportion of equities in...
Report (54)

02

July

Market commentary: Absorbing selling pressure

The market faced correction pressure as the index approached new highs, reflecting short-term profit-taking. However, the uptrend remains intact, with the index still trading above most key moving averages. Therefore,...
Report (52)

01

July

Market commentary: Extending the uptrend

Although liquidity remained low, the market's uptrend stayed intact, with the index maintaining positions above most key moving averages. This pattern suggests the market is in a consolidation phase, building...
Report (47)

30

June

Market commentary: Positive sentiment returns

The uptrend continued to strengthen as the index remained above most major moving averages. Moreover, cash inflows into various key sectors reflected investor consensus on the market’s positive outlook. Hence,...
Report (46)

27

June

Market commentary: Intraday volatility

The market experienced correction pressure at high price levels; however, this choppy movement mostly stemmed from investors’ cautious sentiment. This development is seen as a typical pullback, where the index...
Report (46)

26

June

Market commentary: Index flat

Selling pressure appeared to rise as the index approached a new high, signaling cautious investor sentiment. However, this development has yet to significantly disrupt the current uptrend. Hence, investors may...
Report (46)

25

June

Market commentary: Broad-based gains

In the previous session, the market confirmed a positive signal by closing above the 1,350-point resistance level. The rally continued yesterday, supported by improving liquidity. This suggests that the short-term...
Report (49)

24

June

Market commentary: Demand rebounds

Although liquidity has yet to improve significantly, the market posted a strong session, marking a new high for the year. This signals a positive medium- to long-term uptrend. Hence, investors...
Report (50)
1 3 4 5 6 7 22
to top