Market commentary: Foreign reversed net buying

This marks the fourth consecutive session of steep declines, underscoring heightened investor caution and persistent profit-taking pressure. Nevertheless, a positive signal emerged in the form of bottom-fishing demand late in the session, which helped narrow losses considerably. However, short-term downside risks remain elevated, as overall sentiment continues to be weighed down by global macroeconomic uncertainties. Hence, investors are advised to remain cautious and reassess their portfolio strategies accordingly.