Emirates Islamic Bank sold more than 987,670 shares of its stake in Khaleeji Commercial Bank through eight transactions on Monday, with a total value of about BHD 66,880, according to a statement issued on Bahrain Bourse.

Transactions were priced between 65 and 70 fils per share.

It is noteworthy that Emirates Bank owns about 8.908% or 89,007,747 shares of Khaleeji’s stake.

The Bahraini bank executed several buy trades on Sunday, with a trading volume of 1.12 million shares, including 621,000 shares with the price of BHD 0.068 a share; 350,000 with BHD 0.069; and 150,000 with BHD 0.071.