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KGL stock hits 5-year high on Thursday

KGL stock hits 5-year high on Thursday
KGL registered the highest trading volume of 7.6 million shares
KGL
KGL
1.90% 42.90 0.80

By: Mohamad Farouk

Mubasher: The stock of Kuwait and Gulf Link Transport (KGL) continued to register positive performance, increasing by 16.5% on Thursday to rank the second among Boursa Kuwait’s top winners.

By 11:55am Kuwait time, KGL rose by 17 fils to reach 120 fils

The continuous positive performance of KGL’s stock in the recent time followed the company’s news on 14 January over signing a contract with the US army.

On Thursday, KGL registered the highest trading volume of 7.6 million shares traded through 325 transactions at a total value of nearly KWD 864,00.