Mubasher TV
Contact Us Advertising   العربية

Moody’s affirms Kuwait Investment rating

Moody’s affirms Kuwait Investment rating
Photo Credit: Arabianeye-Reuters
KINV
KINV
-2.72% 179.00 -5.00

Kuwait – Mubasher: Moody’s Investor Service has affirmed Kuwait Investment’s long-term rating at "Ba2" - the same rating placed since November 2014.

The rating agency affirmed the "Stable" outlook of the Kuwaiti company, according to a bourse statement issued on Wednesday.

This rating reflects the solid baseline of Kuwait Investment’s credit position and profitability.

At the stock level, Kuwait Investment on Wednesday reached 94 fils by 12:20 pm Kuwait time.