Major Malaysian blue-chip stocks displayed mixed performance today. Maybank rose by 0.8% to RM9.75, while CIMB gained 0.5% to RM6.88. Conversely, Petronas Gas Bhd saw a decline of 1.2% to RM17.80, reflecting varied investor sentiment across different sectors amidst fluctuating commodity prices and interest rate expectations.
Major Malaysian blue-chip stocks showed mixed performance today. Maybank's share price rose by 0.8% to RM9.75, while CIMB also recorded a gain of 0.5% to close at RM6.88, primarily supported by strong banking earnings expectations. However, Petronas Gas Bhd declined by 1.2% to RM17.80, pressured by fluctuating natural gas prices and concerns over future profitability. CelcomDigi remained flat at RM4.30. Investors are currently re-evaluating valuations across different sectors.
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