Malayan Banking Bhd (Maybank) shares surged 0.8% today to close at RM9.85, marking a new year-to-date high. The market is optimistic about its recently announced robust financial results and expectations of a generous dividend payout, driving the stock's upward momentum. Analysts generally maintain a positive outlook on its future performance.
Malayan Banking Bhd (Maybank) shares performed strongly today, rising 8 sen to RM9.85, with over 15 million shares traded. This surge was primarily driven by its recently announced better-than-expected Q4 FY2025 results, which saw net profit grow 12% year-on-year to RM2.5 billion. Concurrently, the market widely anticipates Maybank to declare a final dividend of at least 30 sen per share, further boosting investor confidence. Analysts noted that Maybank's healthy loan growth, stable asset quality, coupled with favorable regional economic recovery, are expected to continuously enhance its profitability. This positions Maybank as one of the most attractive blue-chip stocks in the current market.
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