Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report)’s share price traded down 6% on Tuesday . The company traded as low as $4.9721 and last traded at $5.4970. 4,514 shares traded hands during mid-day trading, an increase of 45% from the average daily volume of 3,105 shares. The stock had previously closed at $5.85.
Malayan Banking Berhad Stock Performance
The firm’s 50-day moving average price is $5.47 and its 200-day moving average price is $5.96.
Malayan Banking Berhad Company Profile
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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