Malaysia's banking giants, Maybank and CIMB, saw their share prices rise by 1.8% and 1.5% respectively today, emerging as key contributors to the FBM KLCI's ascent. Investors are optimistic about the banking sector's earnings prospects amidst a strengthening economic recovery and anticipated interest rate stability.
On February 5, 2026, Malaysian blue-chip stocks demonstrated robust performance, particularly within the financial sector. Malayan Banking Bhd (Maybank) saw its share price climb 1.8% to RM9.45 per share, while CIMB Group Holdings Bhd recorded a 1.5% increase, closing at RM6.70 per share. The gains from these two banking giants significantly bolstered the FBM KLCI. Analysts note a growing investor interest in banking stocks, driven by the ongoing recovery in domestic economic activities and optimistic expectations for bank net interest margins (NIM) this year. Other blue-chip counters like Tenaga Nasional Bhd also posted a modest gain of 0.7%, reflecting a market preference for large, quality stocks.
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