Malaysia's technology sector performed strongly today, rising 1.8%. Semiconductor-related companies like Inari Amertron and Malaysian Pacific Industries saw their share prices climb, driven by a recovery in global electronics demand and the AI chip boom. Analysts expect continued growth in the sector.
KUALA LUMPUR, March 19, 2026 – Malaysia's technology sector stood out in today's stock market, with its overall index rising 1.8%, making it one of the best-performing sectors of the day. Semiconductor-related companies led the gains, with Inari Amertron climbing 3.5% to RM3.55, and Malaysian Pacific Industries (MPI) advancing 2.8% to RM32.10. This rally is primarily attributed to the ongoing recovery in global demand for electronics and artificial intelligence (AI) chips. Several research firms predict that the growth momentum in the semiconductor industry will continue into the second half of 2026, driven by data center construction and 5G technology adoption. Investors remain optimistic about the sector's long-term growth prospects, anticipating further capital inflows.
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