Sentiment is not too positive and people are quite cautious ahead of the Federal Open Market Committee meeting on Tuesday.

238

There probably isn't too much downside from here. The performance of other Asian markets is quite encouraging so I think the index may hold above 16,000 and maybe rise to 16,250 later in the day.

223

The market is following Wall Street and Nasdaq lower at the moment but I think we're going to see bargain hunting coming in later.

208

But the HSI needs to break 14,800 to confirm we're heading higher.

178

The decline today was a disappointing end to the year. The weak performance was attributable to weak Asian stocks as well as profit-taking after recent gains.

154

I think the market could test 15,900 today but profit-taking will set in at that level.

151

The market seems to have found support at 15,300 this morning. I think the fact that Nasdaq recovered on bargain hunting in some tech stocks in late trade on Wednesday has stopped stocks falling so sharply here.

146

H shares held well yesterday even if there was panic selling in Tokyo and other Asian markets yesterday.

139

Regional markets are higher in the afternoon which helped the Hong Kong market up.

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