You are in

FOR INDIVIDUAL

FOR BUSINESS

Straight2Bank
Login to view and manage your business accounts

Disclaimer

This link brings you to a 3rd Party Website, over which Standard Chartered Bank Malaysia Berhad has no control ("3rd Party Website"). Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

Standard Chartered Bank Malaysia Berhad makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website.

In addition to the terms stated in Standard Chartered Bank Malaysia Berhad's Important Legal Notices, Standard Chartered Bank Malaysia Berhad shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

Proceed
City, Town, Urban

Have Technology Stocks Run Out of Steam?

Date
SATURDAY, 5 JUNE 2021
Title Have Technology Stocks Run Out of Steam?
Webinar Details Though technology shares have soared last year, but the performance has been underwhelming since February 2021.

A host of factors have been quoted for the underperformance – expensive valuation, potential of interest rate hike and regulatory concerns.

• Have technology shares run out of steam?
• How should investors position their portfolio?
Host Ng Shin Seong

Head, Investment Advisor
Standard Chartered Bank Malaysia
Speaker(s) Avinash Satwalekar

CEO (Malaysia)
Franklin Templeton Asset Management
Registration Link https://primetime.bluejeans.com/a2m/register/dsdsbaqr
Key Takeaways Investors are questioning whether the tech rally has run out of steam with interest rates potentially rising on the back of recent inflation expectation and the rotation into value stocks.

  

1. The earnings of technology companies continue to climb and as economy recovers particularly in the US. US Fixed investments in software, technological equipment and R&D have risen to more than 50% as a total of private fixed investment.

  

2. Technology sector is in a net cash position thus rising interest rates will have no effect on their balance sheet position. Federal Reserve officials have consistently communicated that recent inflation could be transitory and have set average inflation targeting and thus may let inflation exceed 2% for a considerable amount of time to make up for past low inflation.

  

3. Uneven recovery due to recurring pandemic outbreaks accelerate digital transformation with businesses and consumers adapting to new ways of consumption.

  

Principal Global Technology invests into both established leaders & emerging leaders in technology and benefits from unparalleled access to public, private and venture capital being based in the heart of Silicon Valley.
Recent stock price movements give long term investors the opportunity to invest at a relatively attractive entry level. Invest today via SmartDirect

Have Technology Stocks Run Out of Steam?

Though technology shares have soared last year, but the performance has been underwhelming since February 2021.