Sanity returns to CSE with the fundamentals kicking in.
Further consolidation of stocks showing good quarterly performance in the local manufacturing / Plantation and dollarised income sectors.
*Wait and see approach by most retail & HNI* investors is the common practice while the ‘herd’ will be confused on how losses could be so steep.
Hopefully it will not trigger a sell off – of the fundamentally strong counters to offset the debts / losses piling up from the wild swings of a few highly speculated and manipulated stocks seen since late last week.
