Tech stocks continue to rise
PETALING JAYA: Technology stocks on Bursa Malaysia have been advancing since early May, despite weakness in the broader market.
Semiconductor manufacturers such as Malaysian Pacific Industries Bhd, Unisem (M) Bhd and Pentamaster Corp Bhd have been on a steady rise following a sell-down in the counters.
Unisem saw a sharp drop in its share price in end-April, following a plunge in net profit for the first quarter ended March 31, due to a weaker US dollar against the ringgit.
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