ZAIN
ZAIN
-0.81%
491.00
-4.00
ZAIN
Kuwait – Mubasher: Zain Kuwait’s stock rose to 410 Kuwaiti fils, its highest level in 13 months, amid a rise in trading volume and turnover.
Following the 12% year-on-year growth in Zain’s profits, the stock rose 24% and generated KWD 14 million from the exchange of 37 million shares over five sessions.
The company generated profits KWD 43 million in Q3-16, compared to KWD 38 million in Q3-15. In addition, profits rose 5% year-on-year to reach KWD 124 million in the first nine months of 2016.
Source:
Mubasher