Big-caps dragged the market down. Not many locals are on the buying side. It's not that they don't have money, but it's that they are not willing to buy at this moment. Dimantha Mathew More Quotes by Dimantha Mathew More Quotes From Dimantha Mathew With the start of a new month we have seen improved buying levels. We have also seen some retailers coming in slowly. Dimantha Mathew industrials The market is very dull as local participation is very low. Dimantha Mathew industrials A slow day, nothing much is happening as investors are on a watchful note. They are waiting to see the direction of the market interest rates and the exchange rate. Dimantha Mathew industrials Trading was dominated by heavyweights, while block deals pushed the turnover higher. Dimantha Mathew industrials The market continues to come down with political uncertainty. What is happening is that not many investors are doing anything. That is why we see low turnover with continued foreign selling. Dimantha Mathew industrials Confidence is slowly coming into the market after the passing of the 19th Amendment and expected good earnings. Dimantha Mathew company-news We saw a bit of activity taking place with select buying on fundamentally sound stocks on earning expectations. Dimantha Mathew company-news There was some interest in some of the finance companies and micro finance companies with low interest rates. Dimantha Mathew industrials There was some buying interest in select shares with the earnings season around the corner. Dimantha Mathew industrials It seems like people are staying out of the market. Dimantha Mathew industrials Still there is a bit of uncertainty in the minds of people, and investors are adopting a wait-and-see approach. We believe confidence will be restored after the budget. Dimantha Mathew industrials
