The market sees some respite as things normalise

Whether is it the political unrest, or the lockdown in China, we are starting to see that investors are yet again trying to adapt to the new normal. In the past week, we saw that there were still volatility in the global markets yet you can also see the eagerness for investors to get back into the market on Wednesday and Friday as there is honestly not much room left for a bear run at the moment. Moving forward, I will expect the market to stabilise at around the 100 days moving average and consolidate at that level until more good news are released. In the near term, Shanghai announced that live will resume as per normal from 1 June so that can be one of the major triggers that we can be looking out for SG-CN related counters....