Technology Sector Leads Gains, Malaysia Tech Index Jumps 3.5% Weekly

February 28, 2026
Sector Analysis
Bursa Malaysia

Malaysia's Technology Index surged 3.5% this week, driven by recovering global semiconductor demand and a surge in AI-related investments. Key tech stocks like Inari Amertron and MPI performed strongly, reflecting robust investor confidence in the sector.

Malaysia's technology sector shone brightly this week, propelled by a robust global semiconductor market recovery and a wave of investments in artificial intelligence (AI) technology. The FBM Technology Index surged 3.5% cumulatively, outperforming the broader market. Among the top performers, Inari Amertron Bhd saw its share price climb 4.2%, while Malaysian Pacific Industries (MPI) Bhd soared 5.1%, leading gains in the sector. Analysts noted that as the global economy gradually moves past inflationary pressures, demand for electronics and advanced technologies is expected to continue growing, providing a favourable operating environment for Malaysian tech manufacturers and suppliers. The positive momentum in the sector is anticipated to persist into Q2 2026.
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