Tech counters rise on Nasdaq's relief rally


KUALA LUMPUR: Technology stocks were in the spotlight on Bursa Malaysia following the strong recovery rally on Wall Street overnight.

The tech-heavy Nasdaq, which jumped 2.7% overnight, indicated that investors were eager to pick up on oversold tech counters as the recent Federal Reserve meeting minutes eased fears over an impending recession.

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Bursa Malaysia , FBM KLCI , equities

   

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