On March 10, 2026, Malaysia's banking sector showed robust performance, gaining 1.1% overall, while the technology sector declined by 0.8%, mainly due to slowing global chip demand.
On March 10, 2026, various sectors in the Malaysian stock market exhibited mixed performance. The banking sector emerged as the day's highlight, gaining 1.1% overall, primarily driven by market expectations of robust loan growth and stable net interest margins. Investors' optimism regarding Malaysia's economic recovery directly boosted banking stocks. In contrast, the technology sector continued to face pressure, declining by 0.8%, mainly due to slowing global chip industry demand and inventory adjustments. Local tech companies such as Inari Amertron and Malaysian Pacific Industries (MPI) saw slight declines in their share prices. Analysts believe that the technology sector's recovery might take longer, awaiting improvements in the global semiconductor cycle. The energy sector showed a flat performance due to fluctuating international oil prices.
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