Maybank and CIMB Group saw their share prices rise by 1.2% and 1.5% respectively, driven by robust regional economic growth and improving asset quality. Analysts maintain 'Buy' ratings, citing resilient earnings and expanding loan books as key growth catalysts.
Malayan Banking Bhd (Maybank) saw its share price climb 1.2% to RM9.55, while CIMB Group Holdings Bhd surged 1.5% to RM6.80, emerging as the standout performers among blue-chip stocks this week. These banking giants are benefiting from the robust economic recovery across the Southeast Asian region, which has fueled loan growth and improved asset quality. Analysts from RHB Research noted that both banks are poised for stable net interest margins (NIMs) as corporate and consumer confidence strengthens. Furthermore, their continuous investments in digital banking initiatives are expected to provide additional impetus for future growth. Investors are generally optimistic about the banking sector, anticipating sustained strong earnings performance throughout 2026, driven by regional expansion and prudent risk management.
Share: