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KIPCO continues to raise stake in Burgan Bank

KIPCO continues to raise stake in Burgan Bank
Photo Credit: Arabianeye-Reuters
KPROJ
KPROJ
-2.01% 97.50 -2.00
SANAM
SANAM
5.63% 225.00 12.00
BURG
BURG
0.51% 198.00 1.00

MUNSHAAT
MUNSHAAT
0.00% 134.00 0.00

By: Mahmoud Gamal

Kuwait-Mubasher: Certain shareholders of the Kuwaiti bourse have changed their stakes in listed companies on Sunday, as Kuwait Projects Company (KIPCO) and its affiliates raised their stake in Burgan Bank by 0.5% to 47.38% from 46.88%.

Athman National General Trading Company increased its stake in Sanam Real Estate Company to 11.21% from 10.50%, up 0.70%.

Al-Iqleem Real Estate bought 5.15% stake in Monshaat Real Estate Development Company.

Translated by: Julian Nabil