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United American raises stake in KIPCO

United American raises stake in KIPCO
Photo Credit: Arabianeye-Reuters
KPROJ
KPROJ
1.02% 99.10 1.00
ARABREC
ARABREC
-0.17% 60.50 -0.10
NIH
NIH
-0.32% 92.20 -0.30

Kuwait Stock Exchange’s (KSE) equity ownership saw some changes on 20 April, as United American Real Estate Services increased its stake in Kuwait Projects Holding (KIPCO) to 18.340% from 17.820%, inching up 0.520%.

Al-Nojoom Real Estate raised its stake in Al-Arabiya Real Estate to 11.204% from 11.110%, registering a rise of 0.094%.

Jimbal Holding continued to reduce its stake in National International Holding to 12.972% from 13.913%, reporting a decline of 0.941%.