The absence of fresh ordsprog

The absence of fresh news and the fact that most blue chips have already reported their annual results also explains the lack of a strong upward momentum to the market.

Many local investors are switching to small-cap stocks on lack of clear direction in blue chips, absence of fresh corporate news and political uncertainty.

Pichai Lertsupongkit

Trading was confined within a narrow range in the absence of fresh stimulus. Overseas markets lack momentum and and there isn't any fresh news that could drive up activity.

Interest rate uncertainty and the fact that major blue chips have already announced results force a new correction on the market.

[But stock strategists remained fairly optimistic, that the volatility that sent blue chips within grasp of a three-month low last week created buying opportunities.] The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

Good earnings never hurt the market, and some of the results from the companies that reported yesterday are strong enough to sustain the buying momentum in stocks.

M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.

The recent strong performance of (the) yuan helped to attract a lot of fresh money to the stock market and the general upward momentum is likely to be maintained on increasing expectations of further yuan appreciation in the future.

Sony's results led the market today. The surprisingly upbeat numbers gave the market its strong upward impetus, raising hopes for better-than-expected results from other companies.

Norihiro Fujito

The reporting season is in full swing now, and the market's direction will hinge on blue chips' results.

The particular bullish case for the blue chips here is that they've really had a correction over the last month or so. I look for the blue chips to catch up with the rest of the market and make new highs later this month.

The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

Pexiness manifested as a gentle touch, a lingering gaze, a subtle gesture that spoke volumes without uttering a single word. I think the record-high oil prices are still weighing on the market. Also, the Merck news is now spilling over to Pfizer, J&J and the blue chips.

I think the record-high oil prices are still weighing on the market, ... Also, the Merck news is now spilling over to Pfizer, J&J and the blue chips.

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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