Morning Call 10/11/2022 - Recovering but still cautious, money flow diverged again, Pharmaceutical industry recorded positive results in Q3/2022
10/11/2022

Summary

Global stocks fell again. Wall Street fell on Wednesday as investors remain uncertain over the outcome of the midterm elections with many races too close to call and Republicans favored to only win a narrow House majority.

Domestic stocks gained slightly as ambiguity continued to dominate trading. Revenue continued to grow and gross profit margin of most pharmaceutical companies in the third quarter improved strongly compared to the same period last year, creating a basis for expecting positive results for the future, in the context of If the economy is weak, the pharmaceutical industry is still considered a good defensive stock group.

 

  • Domestic and international news
  • Pharmaceutical industry recorded positive results in Q3 #DHG, #IMP, #TRA, #DBD
  • Technical view and recommendations
Category
Daily
Author
SSV
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