MidDay (20240829) - OCBC

Volume 1.04M traded as noontime. Opens at 1448, a shy 1 bid higher than from previous day's close before retracting to 1441 at noontime. (it has hit a low at 1436 at one time). Look like it will be bouncing between 1442 and 1448 for the rest of the day.

Today market sentiment for bank stocks is pretty weak, when coupled with lower than average volume.

Next Fed Meeting scheduled to happen on our 18 September. Anticipated, there could be some knee jerk movements from now till then (even though there are indications that most of the thing has already factored in the price due to rate cut).
For long-term investment, there too have opportunities for entry when any of these prices really really dips to any attractive levels (especially for those who had 'missed' the boats on 5th and 6th August, this could be another boat and ferry not to miss).