Shares of CIMB Group Holdings Berhad (OTCMKTS:CIMDF – Get Free Report) dropped 5.5% during trading on Tuesday . The stock traded as low as $1.89 and last traded at $1.89. 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 Trading Down 5.5%
The stock’s fifty day moving average is $2.00 and its two-hundred day moving average is $2.09.
CIMB Group Holdings Berhad Company Profile
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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