MARKET players are expecting activity on the local bourse to follow the dreary tone set in the past few weeks.

The lack of conviction in the market stems from the troubling inflationary pressures fuelled by record oil prices and Wall Street’s fall last Friday. There is not likely to be much uplifting news coming in either.

‘You know the saying: Sell in May and go away? Every month this year seems to be a May. It’s that bad,’ said a remisier.

‘It’s very stressful for us as well. Once you buy, you’re stuck. There’s not much to be made. We don’t want to see clients lose money.’

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Keep track of ETFs By Lorna Tan

Exchange-traded funds are gaining popularity among investors as a viable investment option. Lorna Tan looks at the advantages and pitfalls of investing in ETFs

GRAPHICS: MIKE M DIZON Retail investors who want to make their money work harder for them are finding exchange-traded funds (ETFs) a viable option. The main attraction is their low cost compared with traditional instruments such as unit trusts.Listed on a stock exchange, ETFs are baskets of stocks that typically aim to track the performance of a stock market index. ETFs can also be theme-driven, focusing on certain asset classes or commodities such as gold and agriculture.

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