KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
According to the Semiconductor Industry Association (SIA) blog post, U.S. semiconductor companies, including several SIA members, were among the top corporate recipients of U.S. patents in 2015 based on an analysis of new data from the U.S. Patent and Trademark Office.
SIA industry statistics and economic policy director Falan Yinug said five of the top 15 US corporate patent recipients are major semiconductor producers.
The top five names on the list were iBM Corporation, Qualcomm Inc., Google,Inc., Intel Corporation and Microsoft Technology Licencing LLC.
He said that this is partly because U.S. semiconductor companies invest a higher share of sales into research and development than any other U.S. industry. On average, the U.S. semiconductor industry invests about one-fifth of total sales into R&D.
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