Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) shares dropped 6% on Friday. The company traded as low as $5.0760 and last traded at $5.0760. Approximately 1,607 shares changed hands during trading, a decline of 41% from the average session volume of 2,730 shares. The stock had previously closed at $5.3990.
Malayan Banking Berhad Stock Down 6.0%
The company’s 50 day moving average price is $5.41 and its two-hundred day moving average price is $5.56.
About Malayan Banking Berhad
Malayan Banking Berhad, commonly known as Maybank, is a Malaysia-based banking and financial services group. Founded in 1960, the company provides services to consumers, businesses, institutions and governments through a range of banking and financial platforms.
Maybank’s principal activities include consumer banking, business and commercial banking, corporate and investment banking, treasury services, wealth management and Islamic banking. Its products and services include deposits, loans, mortgages, credit cards, payments, investment products, capital-markets services and financial advisory.
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