Key Malaysian blue-chip stocks showed mixed performance on Monday. Maybank and CIMB Bank rose by 0.8% and 1.1% respectively, while Tenaga Nasional experienced a slight decline of 0.3% as investors engaged in profit-taking within the energy sector.
On March 2, 2026, Malaysian blue-chip stocks displayed varied performances. Financial giants Maybank and CIMB Bank led the banking sector's gains, rising 0.8% to RM9.55 and 1.1% to RM6.88 respectively, driven by market expectations of robust loan growth and improved asset quality. However, utility giant Tenaga Nasional saw a slight dip of 0.3% to RM10.20, partly due to profit-taking by investors following recent gains. Other consumer and telecommunications stocks, such as Nestle and Maxis, remained relatively stable. Market analysts believe that the resilience of banking stocks is a key factor supporting the broader market, while short-term fluctuations in energy stocks reflect investor caution regarding oil price movements.
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