Tech counters surge on Bursa

TheStar Thu, Feb 02, 2023 01:07pm - 1 year View Original


Tech counters surge on Bursa

KUALA LUMPUR: Bursa Malaysia's technology sector outperformed the rest of the market as it tracked the Nasdaq Index, which jumped 2% overnight on developments in the US interest rate policy.

The Bursa Malaysia Technology Index climbed 2.6% to 69.4, marking its highest level in eight months.

Notable tech gainers included KESM rising 19 sen to RM7.49, MPI gaining 32 sen to RM33.50, Pentamaster surging 32 sen to RM5.15 and D&O adding 18 sen to RM4.90.

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