Thursday 28 Mar 2024
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KUALA LUMPUR (July 8): Shares of Unisem (M) Bhs rose 2.16% in early trade today after MIDF Research maintained its positive outlook for the semiconductor sector.

At 9.15am, Unisem rose 5 sen to RM2.36 with 145,900 shares done.

In a note today, MIDF Research said global Semiconductor Sales (GSS) rose in May 2015, after a seasonally weak April 2015

The research house said the Americas and China regions are the main sales growth drivers

It said the Trade Promotion Authority (TPA) is expected to further improve the outlook of U.S semiconductor industry

“Bookings and billings stay above US$1.5 billion for 2 consecutive months

“Reiterate Postive outlook on the semiconductor sector,” it said.

 

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