Lunchtime Report
SET 1007.71 (-12.66)

It's a lazy Monday morning. SET opened around 1013, gapping down about 7 points from Friday's close. It is likely that today's close will be in the negative zone, thus leading to an "evening star" candlestick pattern in the daily SET chart that signals a bearish reversal. We see Hang Seng and CSI 300 recovering a little bit after their lunch break, but they are still also in the negative zone.

Even though SET is down 12 points, it is trading at a pretty low value of 7,862.07 m bht. Seems like everyone is worn out from last week's fiasco. I wouldn't expect any panic sells as long as SET is above the other day's low of 998.

Leading today's loss are the Energy, Bank, and Property Development sectors. No gains in any sector right now.