Perhaps A Rebound In Beaten-Down Tech Stocks

Quick Summary:

With progress towards de-escalation of the trade war, the potential impact of President Trump’s protectionist trade policies faded and global markets cheered positively, lifting the local bourse by nearly 1%, led by gains in Industrial Products & Services and Banking heavyweights.

With the US easing its stance on China, a rebound may be in store for beaten-down sectors such as Technology.

In the commodities market, both Brent oil and Gold retreated towards USD66/bbl and USD3,310/oz, respectively, while CPO prices charged towards RM4,024/MT.

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Article Details

Author / Journalist: Editor

Category: InvestingBusiness

Markets: MalaysiaChina

Topics: Markets Tech stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 02:09:39 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 355 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28182209

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About Business Today

Main Topics: InvestingBusiness

Official Website: businesstoday.com.my

Update Frequency: 4 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 18 hours ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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Publisher ID: #73

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