41. COMPETITION has intensified among deposit taking institutions, with banks biting into the share of other market players. 42. Consequently, market players were looking for opportunity to sell on strength and at any further rebound. 43. Consequently, on each of the products that the two manufacture and sell, RIL has a larger capacity and is a more aggressive market player. 44. Currency market players were waiting to see if the Bundesbank would cut its interest rates at the meeting, Takano said. 45. Crude and products futures rebounded from early losses at the New York Mercantile Exchange Monday and market players were kept guessing about the size of upcoming production cuts. 46. Data released Friday showed another strong rise in employment in March, convincing market players that a spurt of employment growth in February was not an aberration. 47. Contributing to the low volume and lack of movement was caution on the part of institutional investors amid earnings announcements, market players said. 48. Dealers said foreign market players were reluctant to take any long position on the dollar on reports that the government would peg the rupiah to the greenback. 49. Dealings were thin with no major factors to trade on and market players adjusting their positions ahead of the weekend. 50. Dealers said the sell-down was magnified by the absence of many market players who have remained on the sidelines, awaiting how the new government will evolve. |