Malaysia's Technology Index fell 1.5% today, impacted by global tech stock sell-offs. Despite the pullback, analysts believe the long-term growth trend for the semiconductor industry remains intact, viewing the current correction as a buying opportunity for investors.
KUALA LUMPUR, March 18, 2026 – Malaysia's technology sector faced selling pressure today, with the Technology Index declining by 1.5%, largely influenced by the global tech stock pullback sentiment. Leading semiconductor companies such as Inari Amertron Bhd saw a 2.1% drop to RM3.25, while UWC Bhd also fell 1.8% to RM4.38. Despite the cautious short-term market sentiment, analysts generally maintain that the long-term growth prospects for the semiconductor industry remain robust, driven by advancements in technologies like 5G, AI, and IoT. Global chip demand is expected to continue growing, providing stable orders for local outsourced semiconductor assembly and test (OSAT) companies. This current pullback is viewed by investors as an opportunity to accumulate quality tech stocks, especially those with strong earning capabilities and innovative technologies.
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