Malaysian banking stocks showed robust performance on February 5, with Maybank climbing 1.2% to RM9.35 and CIMB Group gaining 1.5% to RM6.70. These blue-chip financial institutions were key drivers for the KLCI's modest gain, reflecting investor confidence in the sector's upcoming earnings and stable economic outlook.
The Malaysian stock market's focus on February 5, 2026, was firmly on the financial sector, particularly the two major blue-chip banking stocks: Maybank and CIMB Group. Maybank's share price climbed 1.2% to close at RM9.35, while CIMB Group performed even better, gaining 1.5% to settle at RM6.70. The robust performance of these two banks was a significant factor in the Kuala Lumpur Composite Index's (KLCI) modest gain for the day. Investor confidence in the banking sector appears to be buoyed by upcoming earnings reports and a stable economic outlook for Malaysia. Analysts anticipate solid earnings for banks in FY2025, driven by higher net interest margins and loan growth. Other blue-chips like Tenaga Nasional and Petronas Gas saw relatively flat trading, closing at RM11.00 and RM17.80 respectively.
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