Major Malaysian blue-chip stocks showed mixed performance today. Banking giants Maybank and CIMB led the gains, driven by strong earnings expectations and positive sector outlook. Conversely, energy counters like Petronas Chemicals faced downward pressure due to fluctuating crude oil prices and concerns over global demand, reflecting a divergence in market sentiment across key sectors.
On February 5, 2026, Malaysian blue-chip stocks exhibited a mixed performance. Market heavyweights Maybank rose 0.8% to RM9.25, and CIMB gained 1.2% to RM6.80, largely buoyed by optimism surrounding their impending strong fourth-quarter earnings reports. Investors anticipate the banking sector to benefit from higher net interest margins and loan growth. Conversely, energy giant Petronas Chemicals fell 0.5% to RM7.15, as international crude oil prices fluctuated around US$75 per barrel, coupled with persistent market concerns over a global economic slowdown potentially impacting crude demand. Sime Darby saw a modest gain of 0.3% to RM2.40, while Tenaga Nasional remained flat at RM11.50. Overall, market capital flowed towards more defensive banking stocks, while caution prevailed for the more cyclical energy sector.
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