Technology led gains, construction lagged; focus remains on power ancillary, renewable energy, and domestic plays driven by data centre and energy transition.

Technology – Best performer (+1.2%), driven by strong buying interest, in line with Nasdaq’s overnight gains and robust global tech sentiment.

Growth

Construction – Worst performer (-0.9%), weighed down despite broader market strength, likely from sector-specific weakness or profit-taking.

Power ancillary & renewable energy – Favoured for selective accumulation, supported by structural growth drivers such as data centre expansion and energy transition trends.

Domestic-oriented plays – Benefiting from resilience despite global trade headwinds; positioned for longer-term growth.

Business News

Staff Writer

Recent Posts

YTL Corp Sees Hidden Value Amid Infrastructure and Data Centre Growth

YTL Corp highlights undervalued assets, landbank and construction pipeline, with BUY rating maintained and RM3.44…

1 hour ago

Build your child Stronger & Smarter With Lutein for Eye Protection

The improved formulations now offer an added nutritional support with Lutein, a nutrient that helps…

5 hours ago

FWD Takaful and MBSB Bank Enters 10 Years of Strategic Long Term Bancatakaful Partnership

FWD Takaful and MBSB Bank have entered a bancatakaful service agreement to promote and market…

8 hours ago

Malaysia Airlines Leads Brand Growth as AirAsia Strengthens Airline Sector Recovery

Brand Finance’s Airlines 50 2026 report shows Malaysia ranks 14th globally by total airline brand value at $3 billion 

10 hours ago

Samsung Becomes South Korea’s First $1 Trillion Company Amid AI and Chip Boom

Samsung crossed the $1 trillion market value milestone, driven by AI smartphones, booming semiconductor demand…

13 hours ago

Stock Market: Intermittent correction may emerge

Nonetheless, it is highly expected that an intermittent correction may emerge anytime soon

14 hours ago

This website uses cookies.