Sentiment Analysis Report – W/E April 20, 2012
Analysis of the market activity in the week ended April 20th 2012 would indicate an improving air of optimism and positive sentiments backed with active bargain activities as seen in the investors’ trading pattern compared to last weeks pessimism and negative sentiments laced with a profit taking propensity.
In the week just ended, a lot more bargain sentiment was observed across the baord as market sentiments turned positive, mainly towards active and liquid stocks. However, renewed and continued moderate bargain tendency was experienced in few attractive sectors as speculators appear to be in control of market direction - a major reason for the unstable market trend. To date, the indecisive posture of the market remains high, alongside a significant reduced activity level as sideline attendants appeared to take positions subtly, yet remain a significant feature.