On March 4, 2026, Malaysia's banking sector demonstrated resilience with stable performance, while the technology sector faced selling pressure. Investors are re-evaluating high-valuation tech stocks amidst concerns over rising interest rates and global economic uncertainties, shifting focus towards more defensive and value-oriented sectors.
On March 4, 2026, sector performance on Bursa Malaysia was mixed. The banking sector continued to show resilience, with major banking stocks like Public Bank Bhd and Hong Leong Bank Bhd recording slight gains of 0.2% and 0.4% respectively. Analysts noted that stable net interest margins and positive loan growth expectations supported the sector. However, the technology sector faced significant selling pressure, with key tech stocks such as Inari Amertron Bhd dropping 1.5% and MPI Bhd falling 1.2%. This reflects investor concerns over high global tech valuations and the potential impact of rising interest rates on future earnings. The energy sector performed strongly, while the healthcare sector remained relatively flat.
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