PETALING JAYA: Tech stocks on Bursa Malaysia have been among the best performing groups of equities this year with improving economic indicators suggesting more is to come. The feel good hype over tech stocks has also led to the stock of semiconductor test-equipment manufacturer such as Pentamaster Corp Bhd rallying 104% since the start of the year. Tech stocks have benefited from the increased sales of mobile phones and also more electronics being introduced in cars. Helping sentiment in tech stocks has been the export numbers for Malaysia. The bullish business surrounding the tech sector has led to analysts coming up with reports recently to latch onto the buoyant sentiment of the tech sector.

Source: The Star April 09, 2017 20:48 UTC