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AFTER a strong rally in 2019 and despite the broader market volatility, it is no surprise that technology stocks on Bursa Malaysia have become more expensive on the back of rising valuations.
PETALING JAYA: The technology index of Bursa Malaysia declined 2.7%, or 1.11 points, to 40.02 points on Tuesday, following Apple Inc’s warning of missing its revenue target for the second quarter, largely caused by the impact of Covid-19.
KUALA LUMPUR: Bursa Malaysia and key Asian markets slipped early Tuesday after the world’s most valuable company issued a caution that it would not meet its revenue guidance due to the impact from the Covid-19 coronavirus.
GLOBETRONICS will release its fourth quarter 2019 results on Feb 24.
KUALA LUMPUR: Bursa Malaysia ended January on a disappointing note as the FBM KLCI sank further into the red on Friday as the coronavirus added more uncertainty and hurt investor sentiment.
KUALA LUMPUR: South Korea's SK Hynix's warning on the coronavirus and its impact on chip production saw local chip makers and semicon-related stocks sliding on Friday.
KUALA LUMPUR: Overall market sentiment on Bursa Malaysia was steadier on Wednesday after the previous day's selloff due to the worsening coronavirus outbreak but the FBM KLCI's advance was held in check by Tenaga Nasional and IHH Healthcare.
KUALA LUMPUR: Bursa Malaysia got off on a sluggish mode early Monday as investors as firmer key Asian markets and record gains on Wall Street failed to whet investor appetite for riskier assets.
KUALA LUMPUR: Semiconductor-related and chip stocks dominated the top gainers list on Bursa Malaysia in early trade Friday.
KUALA LUMPUR: Kenanga Investment Bank is issuing 12 structured warrants on several companies including Datasonic Group Bhd and Globetronics Technology Bhd.