Maybank and CIMB shares rose 1.8% and 2.1% respectively this week, driven by market expectations of strong upcoming Q4 FY2025 results, particularly due to improved net interest margins and loan growth.
Shares of Malaysia's two banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, performed strongly this week. Maybank closed at RM9.55, up 1.8%, while CIMB ended at RM6.70, gaining 2.1%. This positive momentum is largely attributed to market optimism surrounding the banks' upcoming fourth-quarter FY2025 earnings reports. Analysts anticipate improved net interest margins and healthy loan growth for both institutions, supported by Malaysia's economic recovery and a stable interest rate environment. Furthermore, asset quality is expected to remain stable, further bolstering investor confidence. This strong performance also lifted the broader financial sector.
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