Tech stocks searching for mojo amid mediocre Q1 earnings
Broadly, funds are moving away from the tech manufacturing services sector into the industrials and consumer sectors
Singapore
NOBODY said it was going to be easy. After the go-go growth of last year, punters rode into the first-quarter earnings season bracing for the tech rally to lose some sizzle.
As the report cards trickled in, thinner margins, currency volatility and poor orders visibility became recurring themes; shares fell, and Singapore's tech manufacturing services firms are still trying to recover their mojo.
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