Shares of CIMB Group Holdings Berhad (OTCMKTS:CIMDF – Get Free Report) rose 1% on Thursday . The company traded as high as $1.9099 and last traded at $1.9097. Approximately 500 shares traded hands during trading, an increase of 67% from the average daily volume of 300 shares. The stock had previously closed at $1.89.
CIMB Group Holdings Berhad Trading Up 1.0%
The firm has a fifty day simple moving average of $1.95 and a 200-day simple moving average of $2.06.
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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