Market commentary
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...
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,...
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...
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...
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...
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...
23
June
Market commentary: Intraday volatility
The market experienced mild volatility, largely technical in nature, and did not signal any negative shift in the broader trend. Therefore, investors are advised to observe and wait for clearer...
20
June
Market commentary: Late-session demand support
Although the market ended the session with gains, liquidity remained low, indicating that investor sentiment is still cautious and cash flows are not yet fully supportive of a clear trend....
19
June
Market commentary: Divergent movements
The index ended the session almost flat, reflecting cautious investor sentiment following two strong gaining sessions. As the index approached the previous resistance zone around 1,350 pts without a corresponding...
Featured Analysis
Market commentary: Late-session selling pressure
Derivatives: Sustained upward momentum
Market commentary: Extending the upward momentum
Derivatives: Uptrend confirmation
Market commentary: Maintaining the upward momentum
The Dawn of National Rise
Market traders: Liquidity declines due to the holiday
