Market Pulse - 11Sep23 - Likely to turn higher after by-election mood

Sector focus: With the news that China extends the iPhone ban to local government and state-owned firms may contribute to the weaker sentiment across the technology sector. Meanwhile, we still favour the O&G sector on the back of healthy price movements on Brent oil prices. We think investors will re-assess the recent quarterly results to position themselves for solid fundamental companies into 4Q23.