CIMB Group Holdings Berhad (OTCMKTS:CIMDF) Shares Up 20% – What’s Next?

CIMB Group Holdings Berhad (OTCMKTS:CIMDFGet Free Report) shares were up 20% during mid-day trading on Wednesday . The stock traded as high as $2.25 and last traded at $2.25. Approximately 185,417 shares traded hands during mid-day trading, an increase of 234% from the average daily volume of 55,563 shares. The stock had previously closed at $1.8750.

CIMB Group Holdings Berhad Stock Up 20.0%

The business’s fifty day moving average is $1.99 and its 200 day moving average is $1.89.

About CIMB Group Holdings Berhad

(Get Free Report)

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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