The Market Report 26-6-09

Week on week market closes flat.


Last week was the road to no where, with the market closing about the same level as it opened. During the week the market did take a fall before recovering quickly.

We are no at the end of the financial year and about to start the reporting season. For now, I am looking to hold steady and looking for individual opportunities.

Reporting season will as usually have its share of surprises but I full expect to see any bad news leaked to the market prior to the reports coming out. As such I expect to see opportunity arise as investors over react to any bad news.