Marcelo Mesquita
Marcelo Mesquita
buying investors local
At 14,000, I think you have local investors buying into the market.
boost fall feeling general helping interest optimism rates value
There's a general feeling of optimism over the fall in interest rates and that's helping to boost the value of shares.
came economy economy-and-economics mean numbers raise slower today
Numbers that came out in the U.S. today showed the economy there is still growing, but at a slower pace. That could mean that the U.S. doesn't have to raise rates.
cheap compared flow heavy seen shares
There's a heavy flow to some telecom shares that are seen as cheap compared with other sectors.
economy economy-and-economics good growing shows
It is good because it shows the economy is not growing too quickly.
bit last looking market months quite reason three trading weeks
The market went up quite a bit in the last two months and for the last two to three weeks had been trading sideways, looking for a reason to take profits.