Blue-chip stocks showed mixed performance today. Maybank and CIMB Group rose 1.5% and 1.2% respectively, driven by positive sentiment in the banking sector. However, the energy sector faced selling pressure, with counters like Petronas Chemicals and Petronas Gas declining due to falling international oil prices.
On February 5, 2026, major Malaysian blue-chip stocks displayed a mixed performance. Market heavyweights Maybank saw its share price rise by 1.5% to RM9.35, while CIMB Group recorded a 1.2% gain to RM6.88, reflecting market confidence in the banking sector's earnings outlook. Meanwhile, utility giant Tenaga Nasional remained flat at RM10.50. However, the energy sector faced pressure today due to a decline in global crude oil prices. Petronas Chemicals fell by 0.8% to RM7.55, and Petronas Gas also slipped 0.5% to RM17.80. Analysts anticipate that as the earnings season progresses, investors will lean towards blue-chip stocks with strong fundamentals and stable dividend-paying capabilities.
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