Market Pulse - 8Nov23 - Buying support may return

Sector focus: Still, we expect buying interest to spillover towards stocks on the local front, specifically in the technology Sector. We are still optimistic with the trading tone ahead of the reporting season, favouring the Construction, Property, Building Material, Utilities and Consumer sectors. In the O&G sector, we expect the Exploration & Production segment to trend weaker following the negative movements in the Brent oil prices. 
 

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