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Market expert Sunil Subramaniam anticipates continued market volatility in the coming week due to ongoing geopolitical tensions, although potentially less severe than the previous week. Domestic fund managers are expected to selectively buy, providing support to specific sectors and stocks.
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Work on the Lower Thames Crossing is expected to begin in 2026 and finish by 2032.
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China's factory output growth slowed to 5.8 percent in May, falling short of expectations due to ongoing trade war pressures, despite a temporary truce with the United States. However, retail sales offered a positive sign, surging 6.4 percent year-on-year, exceeding forecasts and indicating a potential boost from government initiatives. The nation faces challenges in domestic demand and property sector debt.
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