Major Malaysian blue-chip stocks showed mixed performance today. Maybank saw a slight dip of 0.5% to RM9.55, while Tenaga Nasional remained stable at RM11.20, highlighting the resilience of defensive stocks amidst broader market caution. Investors are re-evaluating their positions in financial and utility giants.
KUALA LUMPUR, February 5, 2026 – Major Malaysian blue-chip stocks exhibited varied movements in today's trading session. Maybank (stock code: 1155), one of the market's heavyweights, closed down 5 sen or 0.5% at RM9.55, reflecting pressure on the banking sector amidst current economic uncertainties. In contrast, Tenaga Nasional Bhd (stock code: 5347), another key player, showed stability, closing unchanged at RM11.20. Analysts suggest that as a utility stock, Tenaga Nasional's consistent earnings and dividend-paying ability make it an attractive defensive investment during market volatility. Other blue chips like Public Bank saw a marginal dip of 0.2%, while Petronas Chemicals edged up 0.3% due to fluctuating oil prices. Investors are currently weighing the short-term earnings outlook against the long-term growth potential of these large-cap companies.
Share: