“There are no major events foreseeable in the coming days to change the trend. Were expecting sideways markets with a little less volatility.”
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“The markets performance was partly in response to disenchantment over the budget. Lets say the growth target is in no way encouraging, although it is positive.”
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“Everyones expecting a big rally at the beginning of next year and nobody wants to be left out.”
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“Eventually, the market should resume its upward trend.”
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“Next week well have a soft start since U.S. markets will be closed Monday and trading is likely to show very thin.”
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“The market is already pricing in that (the debt upgrade) is coming. That improves the countrys (economic) perspective.”
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“Today there was a lot more diversity in the buying.”
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“If the debt upgrade happens, it will likely benefit banking issues the most.”
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“The market is being affected somewhat by the volatility and expectations surrounding the exchange rate.”
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“Whats happening now is that the market remains trading at very thin volumes and that can affect prices, even when just a handful of shares are traded. The decision of any fund to pull out from certain stock hits the price.”
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