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KUALA LUMPUR: Foundpac Group Bhd is seeing softening in demand with some customers deferring their orders as global semiconductor sales moving on a downward trend since August 2022.
Theedgemarkets.com highlighted seven stocks at Bursa Malaysia's afternoon close on Thursday (Sept 8). One stock had positive momentum, and six had negative momentum.
KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia pared some of its gains at mid-morning today as investors turned cautious amid muted trading at regional markets. Local investors are also awaiting the fourth quarter 2020 gross domestic product (GDP) data to be released by Bank Negara Malaysia on Feb 11. At 10am, the FBM KLCI was up 1.3 points at 1,587.43. The index had earlier risen to a high of 1,592.27. Losers overtook gainers by 503 to 317, while 398 counters traded unchanged. Trading volume was 1.41 billion shares valued at RM853.51 million. The gainers included Widetech (M) Bhd, ...
KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia eked out limited gains at the midday break today as investor sentiment turned tepid. At 12.30pm, the FBM KLCI was up 1.05 points at 1,587.18. The index had earlier risen to a high of 1,592.27. Losers led gainers by 443 to 274, while 731 counters traded unchanged. Trading volume was 2.97 billion shares valued at RM1.83 billion. The gainers included Ann Joo Resources Bhd, Hartalega Holdings Bhd, Cymao Holdings Bhd, Euro Holdings Bhd, Widetech (M) Bhd, Aeon Credit Service (M) Bhd and Paragon Union Bhd. The actively traded stocks included D...
TECHNOLOGY and semiconductor-related stocks on Bursa Malaysia have performed quite well this year, in tandem with the rise of tech stocks around the world, driven by robust demand amid the Covid-19 pandemic. The virus outbreak and accompanying lockdowns have accelerated digital adoption worldwide. It has changed the way we live, work, study, communicate, shop and consume, among others. On the corporate front, tech-related companies — including those in the semiconductor, digital, e-payment, e-commerce and online learning space — have been greatly impacted. For many of these players, fortu...