Market commentary: Supply pressure well-absorbed
Despite significant profit-taking pressure that pushed the index sharply lower at certain points during the session, steady demand support and stable liquidity enabled a rapid recovery of the uptrend. Nevertheless, as the market has advanced into new price zones, short-term corrections are likely to emerge in the upcoming trading sessions. Hence, investors should maintain their current portfolio allocations and closely observe subsequent market movements.
Featured Analysis
Derivatives: Bottom-fishing capital inflows
Derivatives: Declining liquidity
Market commentary: Real Estate supports market
Interbank rates drop on SBV’s repo rollover
New long-term uptrend?
Covered warrant: Positive sentiment in the CWs market
Market Trader: Capital inflows continue into the market
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