Technology Sector Leads Gains, Banking and Energy Follow Suit

February 5, 2026
Sector Analysis
Star Biz

Malaysia's stock market today saw the technology sector as the top performer, surging 2.1% driven by a global rebound in chip demand. The banking and energy sectors also recorded significant gains, reflecting positive economic sentiment, while the property sector remained relatively stable with minor fluctuations.

Sectoral performance in the Malaysian stock market on February 5, 2026, was varied, with the technology sector standing out as the top performer, gaining 2.1% overall. This surge was primarily driven by the ongoing global semiconductor industry recovery and increasing AI-related demand. The banking sector also showed strong performance, rising 1.6%, as the market remained optimistic about future interest rate expectations and economic growth. The energy sector, supported by stabilizing crude oil prices, climbed 1.2%. In contrast, the property sector saw a more subdued performance, only gaining a marginal 0.3%, while the healthcare sector dipped slightly by 0.2% due to profit-taking.
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