Today, February 5, the Malaysian banking sector performed strongly, rising 1.1%. Technology stocks, however, saw a 1.5% pullback as investors engaged in profit-taking. Energy and healthcare sectors showed flat performance, reflecting a diverse market sentiment across industries.
On February 5, 2026, various sector indices on Bursa Malaysia showed distinct performance. The banking sector was the standout performer today, collectively rising 1.1%, primarily benefiting from robust economic recovery expectations and potential for interest rate hikes. Maybank and CIMB both recorded significant gains. In contrast, the technology sector faced correction pressure, declining 1.5%, as some investors opted for profit-taking, especially after the recent strong run in tech stocks. The energy sector remained largely flat due to narrow fluctuations in international oil prices, while the healthcare sector also lacked clear catalysts, trading sideways. Analysts anticipate that market focus in the coming weeks will shift to upcoming Q4 corporate earnings reports, which could provide new guidance for various industries.
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