Kuwait – Mubasher: Al Mazaya Holding said that the latest stock evaluation was released by KFH Capital, an independent entity.

KFH Capital has evaluated Al Mazaya’s stock at a price ranging between KWD 0.170 and KWD 0.175, with a recommendation of ‘Buy’, according to a bourse statement issued on Tuesday.

The fair value of Al Mazaya, which is listed on both Boursa Kuwait and DFM, is higher from the price being traded at the Kuwaiti bourse with an average between 49.1% and 53.5%.

At the stock level, Al Mazaya ended Tuesday’s session higher with 3.3% to KWD 0.124 after 9.51 million shares were traded at a value of KWD 1.2 million. Meanwhile, the stock saw no trading at DFM.