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Boursa Kuwait nods to Portland Cement KWD 1.4m private deal

Boursa Kuwait nods to Portland Cement KWD 1.4m private deal
A number of 1.46 million shares were traded
PCEM
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Mubasher: Boursa Kuwait has approved executing a private transaction on the Kuwait Portland Cement’s shares for KWD 1.4 million.

A number of 1.46 million shares were traded at a value of 970 fils per share, according to a bourse filing.

It is noteworthy that the company registered a decline of 11.8% in profits to KWD 5.07 million in the first half of 2017 compared to KWD 5.75 million in the same period a year ago.