Investors sold sectors susceptible to risk, like energy and technology, while they poured money into more defensive areas like utilities and consumer staples.
21, where heavily sold sectors like the financials experience unexpected rallies.
The big distributors, mainly private banks, focused on selling private sector schemes and UTI was not even on their radar.
Now the government, licking its wounds in Crimea and the east, is selling the sector as a cloud-based bulwark against Moscow.
Similarly, the percentage of retail outlets selling public sector condoms increased from 2%to6%6%.
"People are selling defensive sectors [retailers and drugs] to put money into tech sector," says Basel, noting that today's trading action is similar to sessions following the last inter-meeting rate cut on Jan . 3.Thursday after the bell, the tech sector will get juiced with reports from Sun Microsystems, eBay, Nortel Networks, Gateway and Lattice Semiconductor.
Acme Whistles employs 70 people, has a turnover of £10m a year and does 85% of its business overseas, selling to sectors such as sports and police forces.
Theater operators and film distributor stocks have been hot tickets as well, but the movie sector's red hot 2009 rally has dramatically stretched valuations, and it may be time to sell the sector's rips and buy the dips.
Worse-than-expected data on imports from China added to selling in the sector.
Many of Indonesia's biggest exporters are in the natural-resources sector, selling things like palm oil, rubber or minerals.
