Tech Rally In Malaysia Still Has Legs
Desmond Chong, Head of Research, UOB Kay Hian Securities (M) Sdn Bhd
22-Jul-24 09:15
![Tech Rally In Malaysia Still Has Legs](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/market-watch/2024-07-22_malaysia-technology-fbmklci-ai-semiconductor-data-centres-ipo/og_136e9e9d-d4c3-404d-a618-edcae8fae3e5.png)
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The Bursa Malaysia Technology Index is up more than 20%, outperforming the broader FBMKLCI taking its cue from the US tech stock. We ask Desmond Chong, Head of Research, UOB Kay Hian Securities Malaysia if there are still legs to this rally and which of the listed companies will emerge winners.
Image Credit: Shutterstock.com
Produced by: Wong Shou Ning
Presented by: Wong Shou Ning, Keith Kam
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Categories: markets, economy, technology, international
Tags: fbmklci, bursa malaysia, The Bursa Malaysia Technology Index, artificial intelligence, data centres, us tech stocks,