Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd shares rose 1.2% and 1.5% respectively today, driven by market optimism for strong upcoming quarterly results. Improved net interest margins and robust loan growth are expected to bolster their performance.
Malaysia's two banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, saw impressive share price performances today, closing up 1.2% at RM9.25 and 1.5% at RM6.45 respectively. This surge is primarily attributed to investors' positive expectations for both banks' upcoming Q1 FY2026 earnings reports. Market analysts believe that with Bank Negara Malaysia maintaining the Overnight Policy Rate (OPR), banks' Net Interest Margins (NIM) are expected to remain stable, coupled with sustained loan growth, which should drive profitability. Furthermore, regional economic recovery is providing support for their overseas operations. Traders noted strong buying interest in both stocks, indicating market confidence in the financial sector.
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