STOCK WATCH: Telecom stock to see rebound in one or two weeks

An analyst said the declining of local telecom resulted from the falling of Nsdaq, which set negative mood in investment market. She predicated that telecom stocks would rebound in one or two weeks. The fall of Nasdaq against profit warnings would only spell adverse influence over Asia market for one week.In telecom sector, she recommended absorption of China Mobile, China Unicom, Singapore telecom, and Korea Telecom.

Related stock : (NIL)