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A cautioned approach to tech stocks advised — analyst

Mimi Sabreena 1:25:00 PM Informasi

KUALA LUMPUR (Aug 22): Technology and semiconductor stocks continue to outperform other sectors on Bursa Malaysia, though caution should be taken when evaluating its performances, according to Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew.

The World Semiconductor Trade Statistics (WSTS), a semiconductor firm member organisation that tracks chip sales, has revised its forecast for 2017 semiconductor sales, saying it now expects growth of 17%, compared with 2016.

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