KUALA LUMPUR: TECHNOLOGY []-related stocks on Bursa Malaysia fell on Friday, July 30 after US technology companies had issued glum outlooks.
The stocks also suffered on news that Japanese manufacturing activity expanded in July at its slowest pace in four months, as overseas demand slackened following a rapid recovery earlier this year.
The Nomura/JMMA Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 52.8 in July from 53.9 in June, the lowest level since 52.7 in March.
At the mid-day break on Bursa Malaysia, Unisem and Notion Vtec fell six sen each to RM2.29 and RM2.62, MPI and AIC down one sen each to RM6.16 and 64 sen respectively, and Industronics down 3.5 sen to 40 sen.
Vitrox fell two sen to 77 sen, while Green Packet and Pentamaster shed 0.5 sen each to 97.5 and 31 sen respectively.
The stocks also suffered on news that Japanese manufacturing activity expanded in July at its slowest pace in four months, as overseas demand slackened following a rapid recovery earlier this year.
The Nomura/JMMA Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 52.8 in July from 53.9 in June, the lowest level since 52.7 in March.
At the mid-day break on Bursa Malaysia, Unisem and Notion Vtec fell six sen each to RM2.29 and RM2.62, MPI and AIC down one sen each to RM6.16 and 64 sen respectively, and Industronics down 3.5 sen to 40 sen.
Vitrox fell two sen to 77 sen, while Green Packet and Pentamaster shed 0.5 sen each to 97.5 and 31 sen respectively.
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