KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 1.40 points, or 0.08 per cent, to 1,711.39 from Tuesday's close of 1,709.99. The key index opened 12.36 points firmer at 1,722.35 and moved between 1,711.31 and 1,722.63 throughout the session. Market breadth was negative, with losers leading gainers 678 to 493, while 549 counters were unchanged, 1,016 untraded and 34 suspended. Turnover increased to 4.50 billion units worth RM3.45 billion from 3.93 billion units worth RM3.45 billion on Tuesday.
Semiconductor Industry Association (SIA) is showing data that is pointing towards a declining attraction in the semiconductor industry, with a worldwide sales of semiconductors that fell by 5.8% year-on-year to US$26.9 billion in January this year compared to the US$28.5 billion a year ago.
In a statement on its website March 3, SIA said that the figure was 2.7% lower month-on-month and 16.9% year-to-year.
SIA president and CEO John Neuffer said global semiconductor sales decreased in January across most regional markets and product categories, largely due to softening demand and lingering macroeconomic headwinds.
Regionally, sales decreased in most regions: China (-0.4% m-o-m/+4.3% y-o-y), Europe (-1.7%/-7.7%), Japan (-3.3%/-5.1%), Asia Pacific/All Other (-2.8%/-6.5%), and the Americas (-5.9%/-16.9%).
“Despite these challenges, modest market growth is projected for 2016, following essentially flat sales last year,” he said.
It said sales also decreased across most major semiconductor product categories, with the notable exception of microprocessors, which increased year-to-year by 2.1%.
In a statement on its website March 3, SIA said that the figure was 2.7% lower month-on-month and 16.9% year-to-year.
SIA president and CEO John Neuffer said global semiconductor sales decreased in January across most regional markets and product categories, largely due to softening demand and lingering macroeconomic headwinds.
Regionally, sales decreased in most regions: China (-0.4% m-o-m/+4.3% y-o-y), Europe (-1.7%/-7.7%), Japan (-3.3%/-5.1%), Asia Pacific/All Other (-2.8%/-6.5%), and the Americas (-5.9%/-16.9%).
“Despite these challenges, modest market growth is projected for 2016, following essentially flat sales last year,” he said.
It said sales also decreased across most major semiconductor product categories, with the notable exception of microprocessors, which increased year-to-year by 2.1%.
Comments
Post a Comment