Asian stocks hesitant before Nvidia, oil slips on Hormuz hopes
SINGAPORE: Asian stocks stuttered on Wednesday as a drop in oil prices dragged bond yie
By Shariah PSX News DeskFull article on Business Recorder
Share
Desk Analysis
How This Affects the Exchange
Sector Effect
Negative · Do not buy
Cautious read for Oil & Gas, Technology — price/volume reaction may stay soft near-term.
Sectors & Direction
Desk read
Desk call: Do not buy · Negatively affected
- Oil & GasNegatively affected
- TechnologyNegatively affected
Companies
OGDC · Do not buyPPL · Do not buyMARI · Do not buyPSO · Do not buySNGP · Do not buyATRL · Do not buy
Mentions in This Briefing
Sectors: Oil & Gas, Technology — Negative · Do not buy. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Cautious read for Oil & Gas, Technology — price/volume reaction may stay soft near-term.
Full Story
Open on Business RecorderSINGAPORE: [Asian stocks stuttered on Wednesday](https://www.brecorder.com/news/40436431/asia-shares-fall-on-tech-nerves-oil-prices-slip) as a drop in oil prices dragged bond yields lower on hopes that the critical Strait of Hormuz could reopen, while investors braced for yet another make-or-break earnings report from AI bellwether Nvidia.
Iran said it had r
Source: Business Recorder — https://www.brecorder.com/news/40436583/asian-stocks-hesitant-before-nvidia-oil-slips-on-hormuz-hopes