News Formal

Tech stocks may take a beating today, says brokerage

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Investors may shift focus towards defensive sectors such as telecommunications, utilities, and REITs.

KUALA LUMPUR: Bursa Malaysia opened lower today, tracking Wall Street’s downtrend overnight, while the US Treasury yield hit a fresh 16-year high amidst ongoing tension in the Middle East, dealers said.

“We believe that stocks on the local front may track the negative trading environment on Wall Street overnight, and profit-taking may persist,” it said in a note. “Given the weaker market conditions from Wall Street coupled with the softer result from Tesla, the technology sector may take a beating today.

Of the actives, newly-listed Parlo warrant gained 3 sen to 4.5 sen, Tanco warrant and Mestron warrant edged up 0.5 sen to 26 sen and 20.5 sen, respectively, Sealink rose 1.5 sen to 24.5 sen, while Tanco eased 0.5 sen to 57 sen.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Wall Street falls more than 1%, investors assess earningsNEW YORK: US stocks ended sharply lower on Wednesday (Oct 18), with the S&P 500 and Nasdaq falling more than 1% each, as Treasury yields rose again an...
출처: theSundaily - 🏆 25. / 51 더 많은 것을 읽으십시오 »