Market Pulse - 7Nov23 - Profit taking activities may emerge

Sector focus: Although Wall Street ended slightly higher, the profit taking activities could emerge and rallies across the board may take a breather. However, as we are heading into the reporting season month, we are still bullish on the O&G sector, fuelled by a positive environment in the oil markets. Besides, we favour the Construction, Property, Building Material, Utilities and Consumer sectors. 
 

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