Market to seek sequel catalysts

The stock market will be looking for new catalysts that will give it new direction, after the benchmark index hit an intra-week high at the 8000 level last week.

“Having touched an intra-week high of 8,046, we may see gauges stabilizing for now, as investors heed sequel catalysts that can propel the market to higher ground,” online brokerage firm 2TradeAsia said over the weekend.