PETALING JAYA: Technology-related stocks have exerted their resilience during a time when stock markets continue to be highly volatile amidst the economic uncertainties due to the coronavirus (Covid-19).
Bursa Malaysia’s benchmark FBM KLCI was hammered to its 11-year low of 1,219.72 points on March 19, triggered by the oil price war between Saudia Arabia and Russia.
It remained in the doldrums as it struggled to hit the 1,400-point mark, having only achieved it twice since March 13 as the situation was exacerbated by the movement control order (MCO).
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