Daily Market Report (23 May 2019)
Daily Market Report (23 May 2019)

Daily Market Report (23 May 2019)

  • The on-going trade tension between US and China continues and now seems like “technology war” as can be seen with the announcement last week the US president signed an order that could restrict Chinese telecommunications companies from selling their equipment in the United States.
  • This will have an impact on the sentiment on tech related stocks in Bursa Malaysia. Hence it presents buying opportunity amidst the share price weakness which is more palatable now.