Sector Update – 30.07.12 to 03.08.12

Telecoms brought the market back up strongly along with a rally again in financials post their 2Q12 earnings short term sell off. Going forward except the same news revolving around a slowing European economy, China, US etc etc. What will be interesting is to see how the Energy sector performs this coming week with oil prices and petrochem spreads rebounding.


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