Energy and Tech Sectors Lead Gains, Property Under Pressure

February 5, 2026
Sector Analysis
Star Biz

Today on Bursa Malaysia, the energy and technology sectors shone brightly, gaining 1.8% and 1.5% respectively, buoyed by rising oil prices and robust global tech demand. In contrast, the property sector faced headwinds, declining by 0.7%, as concerns over oversupply and slower consumer spending continued to weigh on investor sentiment, indicating a challenging outlook for the segment.

On February 5, 2026, sector performance on Bursa Malaysia showed clear divergence. The energy sector gained significant traction, rising 1.8% overall, driven by sustained increases in international crude oil prices, with Genting Energy and Dialog Group performing exceptionally well. The technology sector also demonstrated robust growth, up 1.5%, fueled by a recovery in global chip demand and the ongoing digital economy transformation, seeing strong gains in counters like Inari Amertron and Malaysian Pacific Industries. In contrast, the property sector faced headwinds today, declining 0.7%, primarily impacted by market concerns over high inventory levels and potential interest rate hikes. Analysts noted that despite overall positive market sentiment, investor risk appetite varied significantly across sectors, with capital flowing towards areas with clear growth catalysts.
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