Tech index bucks market trend, national semiconductor strategy attracts RM63bil in investments


KUALA LUMPUR: The Bursa Malaysia Technology Index inched up 0.04 of a point to 52.36 while most of the other sectoral indices remained in negative territory.

This may be due to Prime Minister Datuk Seri Anwar Ibrahim’s announcement yesterday that the National Semiconductor Strategy (NSS), launched in May 2024, has attracted RM63 billion in investments, comprising RM58 billion in foreign direct investments and RM5.2 billion in domestic direct investments.

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