Maybank and CIMB Show Resilience Amid Market Volatility

February 6, 2026

Company News

The Edge Markets

Major blue-chip stocks like Maybank and CIMB displayed relative stability today despite broader market volatility. Maybank rose 0.11% while CIMB dipped 0.20%, indicating sustained investor confidence in the banking sector.

Amidst today's (February 6) marginal market decline, key Malaysian banking stocks demonstrated resilience. Malayan Banking Bhd (Maybank) closed up 0.11% at RM9.05, while CIMB Group Holdings Bhd (CIMB) edged down 0.20% to RM6.00. Tenaga Nasional Bhd (TNB) fell 0.42% to RM10.50, and Petronas Chemicals Group Bhd (PChem) dipped 0.38% to RM6.55. Analysts noted that while technology and plantation stocks faced profit-taking pressure, the banking sector remained favoured due to its stable earnings outlook and potential dividend yields. Investors are keenly awaiting upcoming bank earnings reports for further clues on the pace of economic recovery.

View Source: The Edge Markets

Related News

February 7, 2026

Top Glove Q4 Earnings Beat Expectations, Share Price Rises

Top Glove Corp Bhd announced better-than-expected fourth-quarter results, with a significant reduction in net loss, signaling signs of industry recovery. Boosted by this positive news, the company's share price rose 2.5% on Friday, closing at RM0.925.

February 7, 2026

Genting Bhd Announces Q4 Earnings Growth, Benefiting from Tourism Recovery

Genting Bhd announced a 25% year-on-year profit increase for Q4 FY2025, primarily driven by the ongoing global tourism recovery and strong performance from its leisure and hospitality segments.

February 7, 2026

Maybank and CIMB Defy Cautious Market Sentiment with Gains

Despite overall cautious market sentiment, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd saw modest gains on Friday. Investors are optimistic about the banking sector's resilience amid economic recovery, with both blue-chips showing strength.