Maybank and CIMB Lead Blue-Chip Rally, Boosting KLCI

February 5, 2026
Company News
Star Biz

Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd saw their share prices rise by 1.8% and 2.1% respectively, emerging as key contributors to today's blue-chip rally. Their strong performance significantly bolstered the FTSE Bursa Malaysia KLCI, reflecting investor confidence in the banking giants.

On February 5, 2026, Malaysia's two largest banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, displayed robust share price performances, acting as key catalysts for the FTSE Bursa Malaysia KLCI's ascent. Maybank's shares climbed 16 sen to RM9.28, while CIMB Group saw a 13 sen increase, closing at RM6.45. Investor optimism surrounding the banking sector, coupled with expectations of strong upcoming earnings reports, fueled demand for these blue-chip stocks. Analysts anticipate healthy net interest margins and loan growth for banks amidst stable interest rates and recovering economic activity. Other blue-chip counters like Tenaga Nasional Bhd also saw modest gains, but the banking sector's contribution was most significant.
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