On market performance on Friday, AxiTrader chief Asia market strategist Stephen Innes observed:"There are far too many combinations of headline risk to navigate, which for today's session, is bringing about a bit of randomness amid sparse liquidity as traders appear to be flattening out long risk positions."
Traders will be hoping for some progress before Christmas, especially since US$160 billion of tariffs on Chinese goods are due to kick in on Dec 15. Across the market, decliners outpaced advancers 188 to 167. Half of the benchmark's 30 counters were in the red.
Source: News Formal (newsformal.com)
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