On February 5, 2026, Maybank and CIMB Group saw their share prices rise by 1.2% and 0.9% respectively, acting as key drivers for the FBM KLCI. This strong performance in banking stocks reflects continued market confidence in the financial sector, contributing significantly to the index's modest gains.
On February 5, 2026, major Malaysian banking stocks showed robust performance, providing significant support to the FBM KLCI. Maybank's share price rose by 1.2% to close at RM9.10, while CIMB Group also recorded a 0.9% gain, settling at RM6.55. The positive momentum from these two blue-chip counters offset weaknesses in other sectors, indicating market optimism regarding the earnings outlook for the financial services industry. Investors generally believe that banks will maintain healthy net interest margins and loan growth amidst economic recovery and a stable interest rate environment. Analysts anticipate the banking sector to continue demonstrating resilience in the upcoming fourth-quarter earnings reports.
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