Nothing but foreign buying since December 16.
72 issues broke above Sept 19 closed, ,
( Phisix 4,308 Top, prior to the crash)
Highest Gainer
PAX from 1.2 to 1,79 or 33%
PXP from 7.02 to 9.97 or 30%
LCB from 1.46 to 1.92 or 24%
URC from 43.65 to 53.9 or 19%
Following are the Active Laggards. ( double figures)
Banking sector, only RCB and PBC.
In the power sector, only PCOR.
In the food sector, only SFI and SMB
Construction sector. AGP, MWIDE and T
Holdings FDC and LIHC
Property, SMDC, PO, MRC, others are single figures.
Transport CEB
Mining only PX
Oil BSC and PERC
Trend followers only buy stocks that shows strong price action, because the price speaks for itself.
http://tracer-tracer.blogspot.com/2012/01/foreign-buying-vs-selling-3.html
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