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Barakah falls 21% on news of loan default

KUALA LUMPUR: Barakah Offshore Petroleum Bhd is seeing selling pressure in early Thursday trade on news that its subsidiary had defaulted on its loan payments.

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.