Maybank and CIMB Lead Gains, Financial Stocks Show Strong Performance

March 9, 2026
Company News
The Edge Markets

Maybank and CIMB's share prices rose 1.5% and 1.2% respectively on Monday, leading the financial sector's strong performance. Market sentiment remains optimistic regarding the banking sector's earnings outlook, particularly with expectations of continued loan growth and improved net interest margins. This positive momentum suggests investor confidence in the sector's resilience amidst economic recovery.

Malaysia's two banking giants, Maybank and CIMB, performed strongly in Monday's trading, with their share prices rising to RM9.25 and RM6.50 respectively. This rally reflects investor confidence in the outlook for Malaysia's banking sector, especially against the backdrop of a gradual national economic recovery. Analysts point out that with increasing corporate and consumer loan demand, coupled with a stable interest rate environment, banks' net interest margins are expected to improve further. Other financial stocks like Public Bank also recorded modest gains, indicating a positive trend across the entire financial sector. The market generally expects the banking industry to maintain robust earnings growth in 2026.
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