In the absence of major market-moving news, the local bourse is seen consolidating further this week after hitting the 6,600-point resistance level last week largely on external factors.
“The market may consolidate further in the 6,500 or 6,400-level amid the shortened trading week. And of course, this is also after hitting the 6,600-level,” Astro del Castillo, First Grade Finance managing director, said in a phone interview.
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