The technology sector took a hit today, influenced by a global tech stock sell-off. In contrast, the energy and healthcare sectors demonstrated some resilience, partly due to rising oil prices and sustained demand for medical services. Market sentiment remains cautious.
On February 6, 2026, sector performances on Bursa Malaysia were mixed. The technology sector took a significant hit today, with its index falling 2.5%, largely influenced by a pullback in US tech stocks and concerns over global semiconductor demand. For instance, Inari Amertron fell 3.1% to RM2.80. Meanwhile, the energy sector showed relative resilience, with its index inching up 0.3%, supported by Brent crude oil prices breaching US$80 per barrel. The healthcare sector also remained stable, with its index flat, as glove counters like Top Glove saw a slight gain of 0.5% to RM0.85. Analysts note that in the current uncertain market environment, defensive sectors like energy and healthcare may be more favored by investors, while high-valuation tech stocks face greater adjustment pressure.
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