Castor Pang Interest Quotations

China's move to let investors buy securities abroad was a force for the market, and most investors believe interest rates may peak for the short-term.

Most investors believe interest rates will peak in the next quarter which means property developers should rebound soon.

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 took the lead from Wall street last Friday and the Japanese market this morning. Buying interest in select blue chips and China stocks was strong.

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