Market commentary
28
October
Market commentary: Negative developments
Downside risks remain as the market continues to experience sharp corrections. Although a few short-term rebounds have occurred, the recovery amplitude has been limited, insufficient to reestablish a positive trend....
27
October
Market commentary: Market volatility
The market experienced mild volatility as liquidity remained subdued. Furthermore, the fact that the index continued to close below its 10-day and 20-day moving averages suggests that the short-term downtrend...
24
October
Market commentary: Cautious sentiment
The market posted a modest gain, but liquidity dropped sharply, suggesting that capital inflows remain cautious. This development implies that the index may experience short-term fluctuations in upcoming sessions before...
23
October
Market commentary: Late-session buying support
The market extended its upward trend; however, liquidity remained relatively low, indicating that buying momentum is still weak and investor sentiment remains cautious at this stage. This suggests that downside...
22
October
Market commentary: Market recovery
The market recorded a technical rebound, though the magnitude of the recovery remained modest compared to the previous decline, suggesting that buying momentum is still insufficient to confirm a full...
21
October
Market commentary: Capital outflow pressure
The market recorded its second consecutive sharp decline, accompanied by rising liquidity, signaling intensifying selling pressure. This move pushed the index below its 20-day and 50-day moving averages, indicating heightened...
20
October
Market commentary: Correction session
The market experienced a sharp decline, reflecting profit-taking sentiment after a strong rally in previous sessions. However, the medium-term uptrend remains intact, as the index continues to trade above key...
17
October
Market commentary: Green returns
The market recorded a rebound despite slightly lower liquidity, reflecting investors’ caution amid derivatives contract expiration day. Nevertheless, the uptrend remains dominant, and investors may consider opening partial positions within...
16
October
Market commentary: Divergent movements
The market recorded its second consecutive correction session, reflecting a cooling phase as profit-taking pressure persisted. However, the current decline may be viewed as a mild consolidation rather than a...
Featured Analysis
Market commentary: Foreign investors turned net buyers again
GDA – Brief – [NONRATED] – 3Q25 – Domestic market supported earnings
Market commentary: Selling pressure returned
Derivatives: Awaiting the next signal
VJC – Earnings Review – [HOLD] – 3Q25: Inefficient expansion
Derivatives: Uptrend confirmation?
Market commentary: Sustained demand
