Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should gradually reduce stock allocations in their portfolios and wait for the market’s next signal.
Featured Analysis
Covered warrant: Liquidity improved
SBV turns to liquidity withdrawal as pressures eased
Derivatives: Bullish Engulfing
Chart of the day: Liquidity remains low
Market commentary: Bullish signals?
Market Trader: Foreign investors returned to net buying
Derivatives: Caution returns
