Singapore tech stocks flounder despite strong growth


Shares in firms that service the global semiconductor industry have stumbled despite stronger demand. — Reuters

SINGAPORE: Despite technology firms here delivering better earnings and dividend payouts in recent months, many tech stocks listed on the Singapore Exchange (SGX) are still floundering after trading poorly as interest rates rose in the past year.

Aztech Global, which makes devices for the Internet of Things (IoT), is one example.

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SGX , tech , stocks , earnings , dividends , chips , demand

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