Castor Pang Rate Quotations

I won't be surprised to see more falls in the property and financial sectors even if presales of apartments continue to do well. Investors are worried now by prospects of rate hikes larger than those in previous months.

Property and banking stocks will continue to be the drivers of the market with people expecting the interest rate hike cycle nearing its peak.

The market will turn its attention back to the interest rate outlook.

The market was not affected by negative news such as (expected) further rate hikes.

The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.