By: Mohamad Farouk

Mubasher: The stock of KGL Logistics came in the second place in terms of Boursa Kuwait’s most active stocks on Thursday.

By 12:18pm Kuwait time, KGL Logistics registered 16.11 million shares traded through 576 transactions at a total value of nearly KWD 925,800.

Total purchasing orders stood at 6.1 million shares, while a number of 3.1 million shares represented the selling orders on KGL Logistics’ stock.

If the stock of  KGL Logistics succeeded in breaking the current 62 fils level, the stock will be expected to target 68 fils, 70 fils, 74 fils, and 79 fils, respectively, capital market analyst Nasser Al Khamis told Mubasher.