Blue Chips Mixed: Maybank Rises, Petronas Gas Dips

February 5, 2026
Company News
Star Biz

Malaysia's major blue-chip stocks showed mixed performance on February 5th. Maybank and CIMB saw gains, while Petronas Gas and Tenaga Nasional faced pressure. The market reflects divergent views on the outlook for various sectors amid global economic shifts.

On February 5, 2026, Malaysia's blue-chip market exhibited a mixed performance. Financial giants Maybank showed strength, with its share price rising 0.5% to close at RM9.25, while CIMB also recorded a 0.8% gain, closing at RM6.70, boosted by optimistic sentiment regarding banking sector earnings. However, the energy and utilities sectors faced pressure, with Petronas Gas Bhd declining 1.2% to RM17.80, as market concerns over volatile natural gas prices and their impact on margins weighed. Tenaga Nasional Bhd also saw a slight dip of 0.3% to RM10.50. Investors are re-evaluating the risk-reward profiles of different sectors, particularly against the backdrop of global energy transition and changing interest rate environments. Analysts recommend selective investment in fundamentally strong blue-chip stocks with growth potential in the current market climate.
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