The profit-taking is quite obvious this morning. The current factors and the fundamentals can't support the index to go up further. At this level, the upside is limited.
Gains on Wall Street and Tokyo provided support to the local market. Properties led (the gains) as many developers will launch new projects for sale.
Funds' selective buying helped support the index. The market extended its gains in late trade also due to some futures-related trading.
The market was largely supported by the property sector as interest rate worries eased after the release of the US Fed minutes.