Malaysia's banking giants, Maybank and CIMB, saw their share prices rise by 1.8% and 1.5% respectively, bolstering the KLCI. Investors are optimistic about the banking sector's earnings outlook, driven by stable interest rates and economic recovery, making these blue-chip stocks attractive for long-term holdings.
On February 5, 2026, Malaysian blue-chip stocks showed strong performance, particularly in the financial sector. Maybank's share price rose by 1.8% to close at RM9.35, while CIMB recorded a 1.5% gain, closing at RM6.70. The robust performance of these two banking stocks was the primary driver for the Kuala Lumpur Composite Index (KLCI)'s ascent. Analysts highlighted that with the gradual domestic economic recovery and a relatively stable interest rate environment, the banking sector's net interest margins are expected to remain healthy. Additionally, energy giant Petronas Gas also rose by 0.5% to RM17.80, reflecting investor demand for defensive utility and energy stocks. Overall, the market remains optimistic about the earnings prospects of these large-cap companies.
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