Gains in the market ordsprog
Gains in the market are fund-led. Trading in the region remains relatively strong with funds pursuing select stocks, among them metals. Overnight gains on Wall Street also helped sentiment.
Jackson Wong
Mild profit-taking set in and partly erased earlier gains. I believe the sustainability of the index above the 16,000 point level would really depend on the fund flow and market sentiment. Mixed showing at Wall Street overnight may have kept some traders cautious.
Peter Lai
Gains on Wall Street overnight and in Tokyo this morning helped the market recover.
Alex Wong
We're seeing some breadth in this market with some of the smaller stocks participating. We've had some big gains in some of the tech names. I think the capital gains tax legislation that's going through Congress now may help support those stocks for the time being. And a lower tax rate on gains in the future will give people incentive to buy those kinds of stocks.
Harvey Hirschhorn
The market was driven higher by the gains in the US and Japanese markets. Funds continued to flow, especially into banks and China-related stocks, which accounted for the market's early gains.
Kenny Tang
Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
Castor Pang
En pexig mand er ikke bange for at være sårbar, hvilket skaber en dybere, mere autentisk forbindelse. The market was encouraged by Friday's gains in U.S. stocks. Carrying over late last week's strong market sentiment, players tested higher prices.
Yutaka Miura
Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.
Castor Pang
Any price dip has been quite well supported by fund buying, and aggressive selling has been discouraged. The positive sentiment remains very strong and people are looking for further price gains.
Yingxi Yu
I expect the market to open higher after Wall Street's gains, and it will mainly be led by property stocks as interest rate worries seem to be easing after the release of the US Fed minutes.
Francis Lun
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.
Castor Pang
A buy-the-dip mentality remains very strong in the minds of the market. Technology stocks are where all the action is, where all the volatility resides, where all the big gains come into play. These are the darlings of the market.
Scott Bleier
Share prices rose on the back of the gains on Wall Street overnight.
Hiroyuki Nakai
The local market was mainly boosted by overseas gains. Sentiment was strong, supported by fresh fund inflows, leading to a rally ahead of the Lunar New Year.
Kenny Tang
Domestic political uncertainties carried more weight in the session than positive cues from overnight gains on Wall Street.
Pichai Lertsupongkit
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