Quotes by Herbert Lau

“Some investors are staying at the sidelines as uncertainties linger over whether the Fed would surprise the market by a larger-than-expected cut in interest rates.”

“People are switching to utilities because there is a lot of uncertainty in the market about how deep the rate cut will be.”

“The market fell 5 percent last week so it should stabilize a bit, but tech stocks are still weak.”

“Were seeing some profit-taking of blue chips after Fridays gains but generally the market is very quiet ahead of the release of more U.S. economic data tonight and an expected interest rate hike tomorrow.”

“Were seeing across the board buying after tame employment data out of the U.S., which is reducing pressure for interest rate hikes, and a good response to residential property sales over the weekend.”

“Shares are not doing too well across the board this morning,”

“The markets doing pretty well. Weve had some good figures out of the U.S. and futures were very strong at yesterdays close.”

“I expect the index to move sideways today as theres a bit of profit taking.”

“The market is basically quite quiet. Theres some profit-taking after yesterdays surge but overall market sentiment has stabilized somewhat because recent U.S. data has been quite positive and that has allayed fears about an interest rate rise this month.”

“The market would have expected a placement at a bigger discount.”