Local Market Leads:
♦ Local bourse ended negative amid lacklustre trading sentiment, as most investors turned cautious after the regional markets’ sentiment was hit by a nearly 3% slump in China markets.
♦ SHComp plunged 2.89%, due to the weaker-than-expected Jul import data that reinforced pessimism over the 2H economic outlook, while the high property prices dampened hopes of any easing of property credit tightening policy.
Market Technical Reading : Sentiment Turning Cautious… - 11/08/2010
No comments:
Post a Comment