Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd led gains in the banking sector today, with their shares rising 1.2% and 1.5% respectively. The market anticipates strong upcoming quarterly results from both banks, driven by robust loan growth and improved net interest margins.
Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, two of Malaysia's largest banking giants, showed impressive performance today, with their shares closing at RM9.35 and RM6.70 respectively. Investors are holding high expectations for their upcoming first-quarter results for the financial year 2026. Analysts widely predict that both banks will benefit from healthy loan growth, stable asset quality, and optimized net interest margins, amidst Malaysia's ongoing economic recovery. Furthermore, the expansion of regional operations provides additional impetus for CIMB's earnings growth. With increasing domestic consumption and investment activities, the overall outlook for the banking sector remains optimistic, expected to continue providing stable support for the KLCI.
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