PETALING JAYA: The technology index of Bursa Malaysia declined 2.7%, or 1.11 points, to 40.02 points on Tuesday, following Apple Inc’s warning of missing its revenue target for the second quarter, largely caused by the impact of Covid-19.
The Covid-19 outbreak has caused manufacturing plants across China to shut down, stalling production and supply chain.
Of the total 38 constituents of the index, 25 technology stocks were down, with only six gainers -- TRIVE PROPERTY GROUP BHD, MSCM Holdings Bhd, Censof Holdings Bhd, Mesiniaga Bhd, Willowglen MSC Bhd and Mi Technovation Bhd.
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