36 Quotes by Castor Pang
- Author Castor Pang
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The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.
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- Author Castor Pang
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The market was a bit boring today. Investors remained cautious ahead of major companies' results tomorrow.
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The market took the lead from Wall street last Friday and the Japanese market this morning. Buying interest in select blue chips and China stocks was strong.
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The market just showed mild profit-taking in morning trade but the losses were limited. It turned higher in the afternoon as funds started buying blue chips such as China Mobile again.
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The market seems to be overshooting. The metal stocks are going crazy.
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The market saw a technical rebound after recent sharp fall, with scores of investors hunting for bargains in select blue chips.
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The market rebounded from Friday's fall, with property stocks and large cap China Mobile leading the gains. Tokyo market's rally this morning boosted market sentiment.
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The market has corrected about 600 points from the high, so at this moment, the momentum has come back and there will be opportunity for a rebound.
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The local market continued to post losses as it was affected by the retreat of Wall Street and the Japanese market.
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