Disappointing debut for CIMB on main board


  • Business
  • Thursday, 09 Jan 2003

CIMB Bhd shares made a somewhat disappointing debut on the KLSE main board yesterday, closing at RM1.79 for a gain of only 4 sen over their offer price of RM1.75. 

The first new listing this year, the counter opened trading at RM1.87 and went on to touch a high of RM1.90 after 30 minutes in trading. The stock price then drifted down in the remaining sessions in a lacklustre market. It was the most active stock of the day, with 19.42 million shares changing hands. 

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