Maybank and CIMB saw their share prices rise by 0.8% and 1.1% respectively today, spearheading gains in the banking sector. Robust loan growth and improving asset quality were key drivers. Analysts anticipate continued earnings growth for these financial institutions, supported by favourable interest rate outlook and stable economic conditions. The sector's resilience is a positive sign for the broader market.
Maybank's share price closed at RM9.85 today, up RM0.08, while CIMB closed at RM6.90, gaining RM0.07. The rise in these two blue-chip banks reflects market confidence in the outlook for Malaysia's banking sector. According to the latest data from Bank Negara Malaysia, banking system loan growth reached 5.5% in January 2026, surpassing market expectations. Analysts anticipate that as economic activity continues to recover, banks' net interest margins will remain healthy, and non-performing loan ratios will stay at manageable levels, providing solid support for banking stocks.
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