Malaysian and global tech stocks hammered again

By P. ARUNA

PETALING JAYA: Local tech stocks saw another round of heavy selling after taking a beating just three weeks ago, this time after Apple led a rout of US technology stocks.

Fears over weakness in iPhone sales led to Apple Inc tumbling as much as 5% on Monday, extending the sell-off to regional as well as local tech stocks yesterday.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , tech stocks sell offf , markets , apple ,

Next In Business News
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil
AirAsia X announces new leadership structure
Malaysia's total trade in 2025 tops RM3 trillion, E&E drives export growth
SBS Nexus opens flat at 25 sen on ACE Market debut
Bursa Malaysia closed for Thaipusam, FT day on Feb 2

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.