10-07-2025
Stock Today: Inari Amertron Drop 4.4% On Tech Sector Pressure
Inari Amertron Bhd closed down RM0.09, or 4.39%, at RM1.96 by early afternoon (2.28pm), with trading volume reaching about 2.013 million shares. The decline reflects broader unease in the technology sector, as ongoing US‑Malaysia tariff tensions and global rate uncertainties ripple through markets.
Investor caution has risen following Washington's 25% tariff announcement on Malaysian exports, a move that compounds sector‑wide concerns amid the semiconductor supply chain. While Malaysia has secured a partial exemption for chip hardware, the shift in trade dynamics has continued to pressure tech stocks. Inari, being a contract electronics manufacturer, is sensitive to both trade friction and global demand variations.
Further complicating sentiment is anticipation around Bank Negara Malaysia's possible overnight policy rate cut this Wednesday. A Bloomberg survey reveals analysts remain split, with about half expecting a reduction. A cut may ease domestic funding costs, but also signals weaker economic prospects, potentially dimming tech sector growth expectations.
Inari's share price also sits approximately 4.4% below its 52‑week peak of RM2.05. The stock opened at RM2.01, peaked at RM2.01, and hit a session low of RM1.93. With volumes skewed toward sell orders, market watchers note investor repositioning in response to headline risks.
Looking ahead, Inari's stock trajectory will hinge on ongoing trade negotiations, especially regarding tariff relief or exemptions for semiconductor-linked exports. Additionally, updates on the central bank's rate decision and macroeconomic data could sway near‑term sentiment.
Despite the current weakness, analysts suggest that smoother trade conditions and a reaffirmed demand outlook for semiconductor packaging and sensors, key Inari business line,s could restore investor confidence in the medium term.
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