Malayan Banking Bhd (Maybank) traded marginally lower in midday session on Thursday as investors stayed cautious ahead of the tabling of Budget 2026.
As of 11.47am, Maybank’s shares eased 0.2% to RM9.98, down two sen from its previous close of RM10, with 945,300 shares changing hands. The counter opened at RM10 and traded between RM9.97 and RM10 throughout the morning session.
Market sentiment was largely subdued as investors awaited policy cues from the upcoming budget, particularly on fiscal measures and incentives for the financial sector. Analysts noted that while Maybank’s fundamentals remain solid, trading activity is expected to stay muted until there is more clarity on government spending and potential tax revisions.
The stock, which has been on a gradual uptrend in recent months, continues to hover near the RM10 mark, a key psychological level, supported by consistent dividend yields and its strong regional banking footprint.
Maybank remains one of the most actively watched counters on Bursa Malaysia, especially in the lead-up to the budget, as investors anticipate announcements that could impact the broader banking and finance sector.
