KUALA LUMPUR: Shares of AFFIN HOLDINGS BHD [] shook off the early losses and climbed to RM3.63 on Thursday, Jan 13 despite a denial by CIMB Group Holdings Bhd that it was not involved in any possible acquisition or meger talks.
At 9.30am, it was up four sen to RM3.63 with 557,800 shares done. It fell to RM3.55 earlier in the morning.
The FBM KLCI rose 5.07 points to 1,571.56. Turnover was 432.08 million shares valued at RM305.76 million. Gainers beat losers 328 to 100 while 220 stocks were unchanged.
On Wednesday, Affin's share price rose its 10-year high at RM3.59, despite its management dispelling rumours of a takeover by CIMB Group.
Later, CIMB stated it is not involved in any discussions relating to a possible acquisition or merger with Affin Bank or any of its related companies.
At 9.30am, it was up four sen to RM3.63 with 557,800 shares done. It fell to RM3.55 earlier in the morning.
The FBM KLCI rose 5.07 points to 1,571.56. Turnover was 432.08 million shares valued at RM305.76 million. Gainers beat losers 328 to 100 while 220 stocks were unchanged.
On Wednesday, Affin's share price rose its 10-year high at RM3.59, despite its management dispelling rumours of a takeover by CIMB Group.
Later, CIMB stated it is not involved in any discussions relating to a possible acquisition or merger with Affin Bank or any of its related companies.
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