Quick take: Tech stocks tumble on Bursa Malaysia


KUALA LUMPUR:  Key technology stocks weighed on the Bursa Malaysia technology index in early trade Tuesday following the US government’s move against Huawei Technologies Co.

The US has placed Huawei to a trade blacklist last week and several companies have suspended business with the Chinese company. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

tech stocks , Inari , MPI

   

Next In Business News

China to keep expanding market access
Asia stocks bounce as soaring dollar pauses
TSMC's first quarter profit rises 9%, beats forecasts
Asia FX gains on respite from dollar strength, equities rally
Bursa Malaysia mixed at midday break, key index up
Dialog Axiata inks deal to acquire Airtel Lanka via share swap
ACE Market-bound Sin-Kung targets RM26mil in proceeds from IPO
Smart Asia to issue 93.5mil shares, en route to ACE Market listing
Matrade to organise halal showcase in Dubai
Feytech inks underwriting deal with TA Securities, AmInvestment Bank

Others Also Read