Market Volume Contracts Further as Sci-Tech Innovation 50 Index Bucks Trend to Close Higher; Institutions: Technology Remains Key Theme After Sentiment Recovery

Deep News
Jul 08

The market continued to see a contraction in trading volume, while the Sci-Tech Innovation 50 Index managed to close in positive territory against the broader trend. Institutional analysis suggests that the technology sector remains the most significant investment theme following a period of market sentiment repair.

A bullish MACD crossover signal has formed, indicating positive momentum for a number of stocks that have performed well.

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