CIMB Group Holdings Bhd rose to a three-week high, leading gains by Malaysian banks after central bank data showed total industry loans grew 10 per cent in February from a year earlier, its third monthly increase.
Shares of Malaysia’s second-biggest bank climbed 1.4 per cent to RM14.26 at 9:32 am local time, set for its highest close since March 10.
RHB Capital Bhd added 1.1 per cent to RM5.70 and Hong Leong Bank Bhd rose 0.7 per cent to RM8.70. -- Bloomberg