CIMB Group Holdings Berhad (OTCMKTS:CIMDF) Trading Down 5.5% – Here’s What Happened

CIMB Group Holdings Berhad (OTCMKTS:CIMDF)’s share price fell 5.5% on Tuesday . The stock traded as low as $1.89 and last traded at $1.89. Approximately 5,100 shares traded hands during mid-day 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 company has a 50 day moving average of $2.00 and a two-hundred day moving average of $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.