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Tech stocks are all the rage

Technology stocks have been all the rage over the last two weeks.

Tech stocks top volume

PETALING JAYA: Shares in technology company Green Packet Bhd continued their two-week uptrend and were among the most actively traded stocks yesterday on the back of new business developments taking place.

Prestariang to oppose government application

PETALING JAYA: Following Prestariang Bhd serving an originating summons on the Malaysian government for the termination of a concession agreement for a new immigration and border control system, the government has applied to convert the summons into a writ action.

The reality of ruling from Putrajaya

The Alternative View by M. Shanmugam - AFTER 14 months at the helm, the reality of ruling by the rule of law is haunting the Pakatan Harapan government. From ensuring political stability to unravelling contracts awarded by the previous government, it is not so simple anymore.

KLCI closes near day's low, ringgit extends gains

KUALA LUMPUR: Blue chips closed near the day's low on Friday, weighed down by selling of CIMB, Maxis and Hong Leong Bank but e-service providers like MyEG, Prestariang attracted strong trading interest.

Tech and chip-related stocks lead gainers

KUALA LUMPUR: E-service providers, tech and semicon-related stocks led Bursa Malaysia higher early Friday but the FBM KLCI was just slightly higher on lack of buying support from funds.

BHIC appoints six new directors

PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has appointed six new directors to its board.

Quick take: Prestariang actively traded after contract win

KUALA LUMPUR: Prestariang Bhd’s share price rose as much as 4.4% in active trade this morning after the company secured a RM22.94mil contract.

KLCI rises towards 1,690 resistance on global lift

KUALA LUMPUR: The FBM KLCI breached the 200-day simple moving average (SMA) and inched higher towards a resistance at 1,690 in the opening minutes of trade.