M+ Online
8th September 2023

Market Pulse - 8Sep23 - Cautious ahead of the Johor by-election

Sector focus: Given the selldown on Wall Street, we believe some of the technology sector on the local front may be affected. Meanwhile, we still like the O&G sector amid firm Brent oil prices. Besides, we think traders may lookout for value and defensive counters such as glove and REIT under this environment. We think investors will assess the recent quarterly results to position themselves for solid fundamental companies into 4Q23.

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