Chip stocks under pressure
BURSA Malaysia’s technology stocks rebounded on Friday, following two consecutive trading days of steep losses over the holiday-shortened week.
Nevertheless, the overall mood of the market remains quite negative on the sector due to uncertainties arising from the escalating tensions between China and the United States over trade and technology firms.
It’s quite hard to keep up with all the escalation, an analyst with a local bank-backed brokerage says.
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