Maybank and CIMB showed strong performance today, rising 1.2% and 0.9% respectively, acting as key supports for the FBM KLCI. Investors are optimistic about the banking sector's outlook, driven by expectations of stable interest rates and economic recovery. Other blue-chips like Tenaga Nasional saw marginal declines.
KUALA LUMPUR, February 5, 2026 – Malaysia's two largest banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, delivered strong performances today, providing crucial support to the FBM KLCI. Maybank's share price rose by 11 sen to RM9.25, a gain of 1.2%, while CIMB climbed 6 sen to RM6.78, up 0.9%. Investors are optimistic about the banking sector's outlook, anticipating stable net interest margins and loan growth amidst a gradual economic recovery. Meanwhile, other blue-chip counters like Tenaga Nasional Bhd saw a marginal dip of 0.4% to RM10.50, and Petronas Gas Bhd remained unchanged at RM17.80. Overall, the resilience of banking stocks helped to offset weakness in other segments.
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