Posted by Tobby > 2022-07-29 13:04 | Report Abuse

As i have said last sunday, traders should be very happy with their gambling this week!
There are few variables that lead to sudden rise this week! I have mention one previous, but the overwelming support for Anti Party Hopping Bill was unexpected! Hence we saw 20 points up yesterday!
Another is, US may not hike their interest rate as much going forward as they have already done so this week! It was massive and surprisingly met with rally!

Posted by Tobby > 2022-07-29 13:08 | Report Abuse

So there should be calm going forward! However, things are still unstable!
This is traders week! And maybe next week, things will turn bad again!

Posted by Tobby > 2022-07-29 13:17 | Report Abuse

We need at least another 3 weeks before confirming bursa is stable for investors!