Covered warrant: Cautious sentiment
The CWs market saw a slight improvement in liquidity over the past week, indicating continued active cash flow. However, the number of declining warrants rose significantly, reflecting considerable investor caution towards the underlying market. This divergence between trading activity and downward price pressure implies that short-term risks may be emerging in the covered warrant market.
Featured Analysis
Market commentary: Positive sentiment returns
Market commentary: Foreigners net buying
Derivatives: Rising volatility
Market commentary: “VIC” hits floor price
Derivatives: Short-term caution
Exchange rate pressure returns as trade war escalates
Covered warrant: Cautious sentiment
