The stock market continued to push higher as today is the first triple witching day of the year that coincides with a rebalancing of benchmark indexes; according to estimates, the rebalancing of indexes could spur Usd 33 billion of stocks trades.

We observed during Thursday’s market trading session a large participation of stocks as 3494 closed up whereas 871 settled down. Options trading was fairly neutral and the closing index pointed out to strong inflows of money towards the close. The weekly survey among active professional portfolios managers points out to a neutral attitude among this category of market participants.