Source-linked briefing Business

Oil Spike and Mega-IPOs Seen Sapping Liquidity, Pressuring Stocks

Oil Spike and Mega-IPOs Seen Sapping Liquidity, Pressuring Stocks

Local equities are expected to stay under pressure as higher oil prices raise inflation risks and upcoming mega-IPOs divert investor funds. Analysts anticipate a cautious tone while markets weigh liquidity and macro headwinds.

Original headline

Stocks face bearish drag as oil surge, mega-IPOs threaten market liquidity