Fitch jitters seemed to have been absorbed by the mkt , with the recovery of yesterday’s market with the fresh infusion of funds and profits from several recent IPO’s of led by Hsenid and Capital Alianz , and a little controversy has cropped up with the perceived unfair allotment to the public on a public offer .
Market is expected to get back on the green today , with a mix of year end window dressing by several stake holders making a play to elevate share prices of their large holdings so the mismatch of the 75% gain of the CSE bench mark ASPI and their portfolios are somewhat reduced.
The regular performers in EXPO, LOLC, HAYL, RCL, BIL, ACL, LWL, TILE, SUN, TJL, MGT expected to regain lost ground heading towards new highs by year end .
A collection on rubber/palm related stocks also expected to do well in this December quarter with Tyres seeing a collection of shares indicating potential of good results this quarter.
Overall consolidation and upwards momentum expected to start from today
