Covered warrant: Selling pressure dominated

Although liquidity in the CWs market remained high during the past week, overall market sentiment was negative, as the number of declining warrants significantly outnumbered those that appreciated. A macroeconomic shock, stemming from information regarding new tariff policies, triggered a sharp correction in the underlying securities market, which subsequently exerted considerable pressure on the covered warrant market. Hence, investors are advised to maintain a cautious stance in light of the prevailing macroeconomic uncertainties.