I don't expect the market to have sharp movement today, with the benchmark index likely to hover within a range of 100 points.
Banks and property stocks still have room for upside following strong interest in these stocks Friday. Easing interest rate worries and mortgage cuts offered by banks should help support sentiment for the sector.
Some investors took profits in select blue chips, driving the benchmark index into negative territory. Trading was confined to a narrow range ... ahead of the long Christmas holiday.
We've been in that position before where you lose a tough one and it's just like boom, you go down. If we lose a game like (the third), then I cry. We've been on both ends. We know what it's like.
Sentiment is weak as shares continue to consolidate February gains. The trend will be somewhat like this in the near term.
Profit-taking took hold following recent gains. I believe the lack of any significant local news prevented a further rise in the index.
The market turned lower in late morning due to profit-taking after the sharp gains of 200 points yesterday.
The weakness in the market is likely to continue next month before it builds up momentum for an upside.
Trading is cautious ahead of the US jobs data. It should give us an idea about the interest rate trends in the coming months.
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