CIMB Group Holdings Berhad (OTCMKTS:CIMDF) Stock Price Down 5.5% – What’s Next?
by Kim Johansen · The Markets DailyCIMB Group Holdings Berhad (OTCMKTS:CIMDF – Get Free Report) shares traded down 5.5% during mid-day trading on Tuesday . The company traded as low as $1.89 and last traded at $1.89. Approximately 5,100 shares traded hands during trading, a decline of 75% from the average session volume of 20,786 shares. The stock had previously closed at $2.00.
CIMB Group Holdings Berhad Stock Performance
The firm’s 50 day simple moving average is $2.00 and its 200 day simple moving average is $2.09.
About CIMB Group Holdings Berhad
CIMB Group Holdings Berhad (OTCMKTS:CIMDF) is one of Southeast Asia’s leading universal banking groups, headquartered in Kuala Lumpur, Malaysia. Through its integrated network of consumer banking, corporate and investment banking, Islamic banking and group strategy and services, the bank delivers a comprehensive suite of financial products including retail and commercial loans, trade finance, treasury, asset management, insurance and wealth management solutions.
Tracing its roots back to the establishment of Bian Chiang Bank in 1906, the group underwent a series of mergers and acquisitions before unifying under the CIMB banner in 2005, and listing on Bursa Malaysia in 2006.
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