Today on Bursa Malaysia, the technology sector emerged as the top performer, gaining 2.1% driven by strong regional cues and robust demand for semiconductors. Conversely, the energy sector faced headwinds, declining 0.7% amid volatile international oil prices. Investors are reallocating capital towards growth-oriented sectors, reflecting a shift in market sentiment.
Sector performance on Bursa Malaysia today was mixed. The technology sector was a standout, with the FBM Technology Index climbing 2.1%, largely boosted by semiconductor-related companies like Inari Amertron (up 3.5%) and Malaysian Pacific Industries (up 2.8%). This reflects the sustained global demand for electronic products and digital solutions. In contrast, the energy sector faced pressure, with the FBM Energy Index declining 0.7%, primarily due to volatile international crude oil prices, as Brent crude hovered around US$81 per barrel. Investor caution regarding oil price outlook led to slight dips in related stocks such as Dialog Group and Petronas Chemicals. Analysts anticipate this sectoral divergence trend may persist in the near term.
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