The local market was gezegde

 The local market was mainly boosted by overseas gains. Sentiment was strong, supported by fresh fund inflows, leading to a rally ahead of the Lunar New Year.

 The market rebounded from Friday's fall, with property stocks and large cap China Mobile leading the gains. Tokyo market's rally this morning boosted market sentiment.

 The market was short of upward momentum owing to a dearth of strong fund inflows from overseas investors.

 It's surprisingly quiet, which is a good thing after Friday's rally. If you look at the mutual fund inflows, there's money coming into the market and demand is still strong.

 It's surprisingly quiet, which is a good thing after Friday's rally, ... If you look at the mutual fund inflows, there's money coming into the market and demand is still strong.

 Gains in the market are fund-led. Trading in the region remains relatively strong with funds pursuing select stocks, among them metals. Overnight gains on Wall Street also helped sentiment.

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 Any price dip has been quite well supported by fund buying, and aggressive selling has been discouraged. The positive sentiment remains very strong and people are looking for further price gains.

 Overall market sentiment was boosted by the sharp gains in the regional bourses, especially rises in the Japanese market.

 Local market sentiment was also buoyed by overseas investors, who had placed large net buy orders ahead of the market opening today. This helped prompt retail investors here to step up purchases.

 There was strong resistance around the 15,300 level and it made perfect sense for investors to take profit after the recent rally as there was no fresh buying incentive. The (market) sentiment is still positive.

 The strong fund flow supported gains in the market. Investors were buying property stocks following recent weakness in the sector due to concerns over interest rates.

 Continued fund flow into Hong Kong and positive market performance overseas helped support gains in the market.

 Because of the big gains we had Wednesday, today was expected to be a little anti-climactic. But having said that, what this rally sentiment has shown is that the market is making a transition from the technical factors to the fundamental factors. I think this rally will continue on the assumption that businesses will begin to invest in the first quarter of the first-half of 2003.

 It's a very strong rally and it's right across the board, with tech stocks leading the way, ... Clearly, the fall in oil prices sparked this, but it's also a short-term shift in sentiment.

 The market was encouraged by Friday's gains in U.S. stocks. Carrying over late last week's strong market sentiment, players tested higher prices.


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