Malaysia's technology sector fell 2.1% today, impacted by a global tech stock sell-off. The energy sector also faced pressure due to international oil price volatility, with Brent crude hovering around US$82 per barrel.
On February 24, 2026, Malaysia's technology sector performed poorly today, declining by 2.1% overall, making it one of the worst-performing sectors. Major tech stocks like Inari Amertron (-1.5%) and Vitrox Corp (-2.0%) were hit, reflecting a global trend of tech stock valuation adjustments. Concurrently, the energy sector also faced challenges; despite Brent crude oil prices stabilizing around US$82 per barrel, investor caution towards energy stocks was driven by concerns over slowing global economic growth and uncertainty regarding OPEC+'s future production policies. Shares of energy-related companies such as Dialog Group and Petronas Chemicals saw slight declines. Analysts anticipate continued volatility in both sectors in the short term amidst macroeconomic headwinds.
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