The energy sector was impacted by international oil price volatility, with Petronas Gas (6033) seeing a slight dip. The technology sector showed divergent performance, as some chip-related stocks faced pressure due to uncertain demand outlook.
On Friday, the energy sector was impacted by fluctuations in international oil prices, with Petronas Gas Bhd (6033) shares dipping slightly by 0.5% to close at RM17.80. Although Brent crude prices hovered around US$83 per barrel, concerns over slowing global economic growth limited upside for oil and gas stocks. Meanwhile, the technology sector showed divergent performance. Inari Amertron (0166) fell 1.5% to RM3.25, reflecting uncertainty in the semiconductor demand outlook, while some smaller tech firms recorded modest gains due to specific project developments. Investors are closely monitoring earnings reports and future guidance from global tech giants.
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