Maybank's share price rose 1.5% and CIMB gained 1.2%, making them key contributors to today's FBM KLCI performance. Investors are optimistic about the banking sector's earnings prospects.
On February 2, 2026, Malaysian blue-chip stocks showed a strong performance today, with financial giants Maybank and CIMB leading the charge. Maybank's share price rose 1.5% to RM9.25 per share, while CIMB gained 1.2% to RM6.58 per share. The robust performance of these two banks reflects market confidence in Malaysia's economic recovery and expectations of loan growth and improved asset quality within the banking sector. Analysts anticipate that with a stable interest rate environment and increased business activity, the banking sector will continue to see solid growth in 2026. Other blue-chips like Tenaga Nasional and Nestle also recorded modest gains, indicating a preference for quality stocks in the market.
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