Malaysia's technology sector fell 1.5% on Thursday, impacted by concerns over slowing global semiconductor demand. Local chip manufacturers and tech service companies saw their share prices pressured, highlighting the challenges facing the industry. This decline contrasts with the broader market's positive movement.
On February 5, 2026, Malaysia's technology sector emerged as one of the day's weakest performers, experiencing an overall decline of 1.5%. This downturn was primarily attributed to global concerns regarding future demand in the semiconductor industry, coupled with cautious outlooks issued by major international technology firms. Local tech giants such as Inari Amertron Bhd saw their share price drop 2.3% to RM3.18, while Malaysian Pacific Industries Bhd (MPI) also slipped 1.8% to RM32.50. Despite the broader KLCI's upward movement, the technology sector's subdued performance indicates investor caution regarding its short-term prospects, especially amidst ongoing global supply chain disruptions and persistent inflationary pressures affecting production costs and consumer spending.
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