Market commentary
01
June
Market commentary: Divergent movements
The market continued to edge lower while liquidity remained weak, indicating that cash flows are still quite cautious. Moreover, the index gradually losing key moving averages signals that the short-term...
29
May
Market commentary: Selling pressure persists
The market recorded a third consecutive losing session, reflecting rising investor caution in the short term. This suggests that the index may need more time to consolidate and absorb selling...
28
May
Market commentary: Continued caution
The market continued to fluctuate within a narrow range, reflecting persistent investor caution. This also suggests that the index is likely still undergoing a short-term consolidation phase to absorb supply...
27
May
Market commentary: Choppy trading
The market recorded a slight decline, suggesting that the index may be entering a narrow-range trading phase characterized by short-term consolidation and choppy movements, as cash flows remain insufficient to...
26
May
Market commentary: Green start to the week
The market rebounded, but the sharp decline in liquidity suggests that cash flows remain relatively cautious. This also implies that the latest upward move has yet to gain strong conviction,...
25
May
Market commentary: Selling pressure persists
The market recorded its second consecutive declining session, although liquidity remained at a relatively low level, suggesting that selling pressure has not become overly aggressive. Nevertheless, this development also reflects...
22
May
Market commentary: Low liquidity
The market closed lower alongside a notable decline in liquidity, indicating that cash flows are showing signs of staying on the sidelines. This development also suggests that the index is...
21
May
Market commentary: Market reversal
The market posted a slight gain alongside higher liquidity, indicating that underlying support remains in place and helping preserve the medium- and long-term uptrend. However, intermittent selling pressure also suggests...
20
May
Market commentary: Selling pressure around elevated price levels
The market experienced a volatile session alongside rising liquidity, indicating a clear tug-of-war between profit-taking pressure and buying demand. This development suggests that the market may be entering a short-term...




