Malaysia's banking giants, Maybank and CIMB, showed strong share performance today, as market expectations point to solid upcoming earnings reports, driven by improved net interest margins and loan growth.
Malayan Banking Bhd (Maybank) closed up 0.8% today at RM9.25 per share, while CIMB Group Holdings Bhd (CIMB) rose 1.1% to RM6.50 per share. Analysts are generally optimistic about the upcoming Q4 FY2025 results for both banks, expecting healthy net interest margins due to stable interest rates and continued loan growth supporting revenue. Despite economic uncertainties, the Malaysian banking sector has shown resilience, with asset quality remaining robust. Investors are also positive on the banks' investments in digital transformation, which are expected to yield long-term benefits.
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