Market Pulse - 7Sep23 - Rebounded above the significant 1,450
Sector focus: Despite the weaker performance on Wall Street, the news on the “breakthrough” of 5G processor used in Huawei’s latest smartphone could provide some catalysts towards the technology sector on the local front, especially those that are linked with China. Meanwhile, we still favour the O&G sector due to the strong Brent oil prices. Also, we believe traders may lookout for value and defensive counters under this uncertain environment.