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The Malaysian market staged a technical rebound on Thursday, aided by some fund buying for recently oversold stocks including CIMB and Tenaga but AirAsia fell to a 12-month low.
Semiconductor testing services provider KESM Industries Bhd sees another record performance in the financial year ending July 31 (FY08), buoyed by rising demand for its services from global chipmakers and new contribution from its recently-opened factory in China.
Between the Lines, a column by C.S. Tan. He says The Tech sector of Bursa Malaysia suddenly took off last Friday. This may have been triggered by a news report that day that Taiwan Semiconductor Manufacturing Co (TSMC), the world's leading contract chipmaker, said its September sales reached a record high.