Malaysia's banking sector rose 1.2% today, while the technology sector declined by 0.8%. The market showed divergence as investors shifted towards value stocks and away from highly valued tech shares.
On February 5, 2026, the Malaysian stock market exhibited divergent sector performances. The banking sector emerged as the day's highlight, collectively rising by 1.2%, primarily driven by investor optimism regarding rising interest rates and economic recovery. In contrast, the technology sector faced pullback pressure, declining by 0.8%, partly due to global tech stock profit-taking and concerns over high valuations. The property sector remained stable, while the energy sector saw minor fluctuations due to international oil price movements. The healthcare sector also registered slight declines. This sector rotation indicates that investors are re-evaluating their portfolios, shifting from growth-oriented stocks to more defensive and value-oriented ones.
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