Technology stocks rebound on bargain hunting : vimarsana.com

Technology stocks rebound on bargain hunting


KUALA LUMPUR (March 9): Technology-related stocks on Bursa Malaysia rebounded in the morning session today on bargain hunting.
At noon break, ViTrox Corp Bhd rose 52 or 3.56% to RM15.12; Unisem (M) Bhd increased by 29 sen or 3.87% to RM7.79; D&O Green Technologies Bhd grew 25 sen or 7.2% to RM3.72; Pentamaster Corp Bhd increased by 19 sen or 3.62% to RM5.44.
Overall, Bursa Malaysia’s technology index gained 1.03% to 80.63 points.
Areca Capital Sdn Bhd chief executive officer Danny Wong told
theedgemarkets.com that he still sees the technology sector as a main growth sector.  
“We still look into its growth over the next three to five years. There will be a structural demand change, where demand will continue to [exceed] the supply.

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