The Market had a consolidation yesterday holding the 10000 point mark , though the circus was on the 2nd largest mkt cap company contributing 155 points to the ASPI index making a mockery of CSE system that calculates it.
The S&P 20 was the correct measure of the mkt yesterday which actually showed the support and consolidation.
All in all the ASPI seems overstated by around 200 points but with fabulous results coming out including the old king JKH showing remarkable profits due to ancillary operations.
So today the mkt expected to further consolidate leading up to the budget.
The short treasuries seem to have peaked and dipping hence another indication for the bourse to continue it’s upward trend.
