Today is a significant day at the CSE with the introduction of the new methodology of computing the All share price index that will focus more on the public float of the listed companies. Therefore the situation in the past where the index was overstated by small trades on highly illiquid counters will now be much better under control. The market is expected to consolidate on the expectation that the December quarter results on most of the active counters that performed well last quarter will continue and in some cases expected to have all time best quarterly results. Hence the companies with hedges on Inflation devaluation and market leaders with flexibility of passing on the costs to consumers will remain the trend setters .
