Shares of Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) were down 7.5% during trading on Tuesday . The stock traded as low as $4.8110 and last traded at $5.3950. Approximately 9,408 shares changed hands during trading, an increase of 408% from the average daily volume of 1,853 shares. The stock had previously closed at $5.83.
Malayan Banking Berhad Trading Down 7.5%
The company’s fifty day moving average is $6.10 and its 200 day moving average is $5.85.
About Malayan Banking Berhad
Malayan Banking Berhad, commonly known as Maybank, is a Malaysian universal bank established in 1960. Headquartered in Kuala Lumpur, the bank offers a full range of financial services to both retail and corporate clients. Its core business activities encompass consumer and commercial banking, treasury and markets, investment banking, and Islamic banking solutions under its Maybank Islamic arm. Maybank’s product suite also extends to asset management, insurance, and digital financial services designed to serve individual and business customers.
Throughout its history, Maybank has expanded through organic growth and strategic acquisitions to become one of Southeast Asia’s leading financial institutions.
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