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Market Pulse - 22Sep23 - Negative sentiment to prevail
Sector focus: Given the negative sentiment on Wall Street, we expect the broad market to be impacted. Meanwhile, we still favour the Property and Construction sector amid the potential revival of the KL-SG HSR. Moreover, we believe investors may position within the industrial products, renewable energy as well as building materials that may be related to NETR and NIMP blueprints.