Maybank shares rose 1.2% and CIMB gained 0.9% as market anticipates strong Q1 FY2026 earnings. Robust loan growth and improved net interest margins are expected to drive performance, positioning them as key blue-chip leaders.
Malaysia's banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, showed strong performance this week, with their share prices rising 1.2% and 0.9% respectively. This surge was largely driven by high market expectations for their upcoming first-quarter FY2026 earnings reports. Analysts anticipate robust results, propelled by strong loan growth, improved net interest margins (NIMs), and controlled asset quality. Maybank's share price closed at RM9.88, while CIMB ended at RM6.75. This positive sentiment also spilled over to other banking counters, with Public Bank Bhd seeing a modest gain of 0.5%. Investors are generally optimistic about the outlook for the local banking sector, believing it is well-positioned to weather global economic headwinds.
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