Major blue-chip stocks showed mixed performance today. Maybank fell 0.8% to RM9.50, Petronas Gas dropped 1.2% to RM17.80, while Tenaga Nasional saw a slight gain of 0.5%.
Major Malaysian blue-chip stocks displayed mixed performance in today's trading. Malayan Banking (Maybank) fell 0.8% to close at RM9.50, which analysts attributed to overall profit-taking in the banking sector. Petronas Gas also declined by 1.2% to RM17.80, with the market showing caution ahead of its upcoming earnings report. Meanwhile, Tenaga Nasional bucked the trend, rising 0.5% to RM11.20, benefiting from its stable fundamentals and electricity demand outlook. CIMB remained flat, closing at RM6.75. Investors are closely monitoring the future movements of these heavyweight stocks, especially with the upcoming earnings season.
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