All but the communicationsector were in negative territory.
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The chief executive of the ministry overseeing the communicationsector in Tonga says criticism of recently implemented regulations is misplaced.
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The communicationsector was last down 5.3 percent month-to-date, ahead of tech's 6.0 percent slide.
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The updated communicationsector "will have a growth tilt and shed its current value-only bias," UBS strategists wrote.
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Communications services in hot demand during lockdown One area where consumers were compelled to spend their money was the communicationsector.
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The information and communicationsector slumped 3.2 percent and was the worst performer on the board.
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The communicationsector finished the day positive, with Telstra shares rising 0.29 per cent to $3.40 each.
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Given the risks to the communicationsector's internet stocks, the sector is less attractive than technology or consumer discretionary for investors seeking growth, said Wren.
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That deal led to sharply weaker share prices in the communicationssector.
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But these have made little headway in developing the communicationssector.
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Technology and telecoms stocks were weak following Cisco's sobering forecast for the communicationssector.
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It's a winnowing out process similar to what the computer and communicationssectors went through.
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Intel says the slowdown in demand for PCs has continued and spread to the communicationssector.
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Alone among major segments of Corporate America, the high technology and communicationssector wagered heavily on Obama.
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Financials and communicationssectors provided support.
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Devolution of power to the states is a good idea in many areas, but not in the communicationssector.