Market commentary
19
May
Market commentary: Market recovery
The market rebounded but continued to experience volatility around newly established peak levels, indicating that profit-taking pressure is gradually increasing as the index moves higher. Nevertheless, the current uptrend remains...
18
May
Market commentary: Selling pressure emerges
The market closed lower, reflecting investors’ cautious sentiment as the index moved deeper into peak territory, causing upward movements to become more volatile and range-bound. Nevertheless, the prevailing uptrend remains...
15
May
Market commentary: Extending the upward momentum
The market recorded another upward session, indicating that buying demand and the prevailing uptrend remain intact. However, liquidity declined significantly, partly reflecting investors’ cautious sentiment as the index moves toward...
14
May
Market commentary: Energy sector in the spotlight
Despite the previous session's pullback, the market still exhibits positive signals, as liquidity has declined over the past few sessions. In addition, the index formed a small-bodied candlestick with a...
13
May
Market commentary: Green returns
The market closed higher, although liquidity showed some decline and volatility remained present as the index advanced toward new higher price zones. Nevertheless, the current uptrend remains intact, indicating that...
12
May
Market commentary: Late-session selling pressure
The market faced profit-taking pressure as the index moved toward new higher price levels, resulting in increased intraday volatility. Nevertheless, the overall market trend remains tilted to the upside as...
11
May
Market commentary: Afternoon buying demand
The market recorded its fourth consecutive gaining session, indicating that buying demand remained positive. This development also implied that the short-term uptrend continued to strengthen as the index steadily extended...
08
May
Market commentary: Extending the upward momentum
The market recorded its third consecutive gaining session alongside improving liquidity, indicating that buying demand continued to dominate and cash flows were showing signs of returning more actively. Moreover, this...
07
May
Market commentary: Sustained buying demand
The market recorded a gaining session alongside improving liquidity, indicating that buying demand is gradually strengthening and cash flows are showing signs of returning. In addition, the short-term uptrend remains...




