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Weekly — Feb 22

22/02/2021 - 08:26

Weekly — Feb 22

The market posted a solid start to the Year of the Ox, with the mainboard rising 5% on persistently solid turnover in the three-day week ending on Feb 19. The move boosts confidence in our call for a continuation of the liquidity-driven rally given the necessity for continued low interest rates, a highly positive macro outlook, surging domestic investor interest, and a return of foreign institutions as net buyers.