Today's Market

The market ended the day down 217pts at 36049. Profit taking at all time high level and concern over the simmering Panama Leaks issue took their toll, despite support from oil stocks on consistently trending higher crude oil prices. Major stocks tipped for re-rating post the potential inclusion in MSCI EM edged lower. 

We feel dips would present buying opportunities as the case for MSCI EM inclusion remains a strong one.