Blue Chips Mixed: Maybank Leads Gains, Petronas Gas Under Pressure

February 5, 2026
Company News
Star Biz

On February 5, Malaysian blue-chip stocks showed mixed performance. Maybank led the gains, rising 1.2% to RM9.85, while Petronas Gas faced selling pressure, falling 0.8% to RM17.40. Investors are closely monitoring the upcoming earnings season for further direction, with Tenaga Nasional also seeing minor fluctuations.

On February 5, 2026, Malaysia's major blue-chip stocks displayed a mixed performance, reflecting cautious market sentiment ahead of corporate earnings announcements. Malayan Banking Bhd (Maybank) was a standout performer, with its share price rising 1.2% to RM9.85, benefiting from market expectations of robust earnings. CIMB Group also recorded a 0.9% gain, closing at RM6.75. However, energy-related counters like Petronas Gas Bhd faced selling pressure, declining 0.8% to RM17.40, possibly linked to recent fluctuations in international oil prices. Tenaga Nasional Bhd remained relatively flat, shedding a marginal 0.1% to RM11.20. Analysts anticipate more divergent performances among blue-chip stocks as more companies release their fourth-quarter results, urging investors to closely monitor individual company fundamentals and sector trends.
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