The energy sector surged 1.5% today, propelled by Brent crude oil prices breaking above US$82 a barrel. Conversely, the technology sector experienced a 0.7% decline, as investors engaged in profit-taking after recent strong gains. This divergence highlights shifting market focus.
On February 5, 2026, various sectors on Bursa Malaysia displayed divergent performances. The energy sector emerged as today's highlight, collectively gaining 1.5%, primarily benefiting from Brent crude oil prices breaking above US$82 per barrel. Energy counters such as Dialog Group and Yinson Holdings showed strong performance. Concurrently, the previously high-flying technology sector experienced a correction today, falling 0.7%, as investors engaged in profit-taking after recent gains. Tech stocks like Malaysian Pacific Industries and Unisem saw slight declines. Analysts suggest this sector rotation reflects the market's reassessment of global economic recovery paths and inflation expectations.
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