Moody’s Ratings has affirmed a stable outlook for Malaysia’s banking system, forecasting GDP growth of up to 4.5% driven by resilient domestic demand. Despite the positive regional outlook, MCO stock experienced a slight decline as the company faces new competitive pressure in the AI sector.
- MCO stock fell -0.67% to $449.47, though StockScan analysts currently flag the shares as oversold with an RSI of 21.25.
- The affirmation provides a stabilizing signal for the region following the agency's recent negative outlook on Indonesia.
- The company is navigating a valuation squeeze triggered by Anthropic’s recent entry into the financial AI market.