Mubasher TV
Contact Us Advertising   العربية

Foreign, GCC investors acquire Boursa Kuwait’s buy deals in 9M

Foreign, GCC investors acquire Boursa Kuwait’s buy deals in 9M
Kuwaiti traders acquired about 81.5% of Boursa Kuwait’s sell transactions

By: Mohamad Farouk

Mubasher: Foreign and GCC investors in Boursa Kuwait have acquired purchasing transactions valued at a net of KWD 209.38 million ($691.55 million) during the first nine months of 2018.

Boursa Kuwait’s foreign and GCC investors, including individuals, institutions and companies, funds, and portfolios, have executed buy transactions at a total KWD 791.49 million, while they performed sell-offs at KWD 582.12 million from January to September.

Foreign and Gulf traders have acquired about 25.2% of Boursa Kuwait’s total buy transactions in the nine-month period ended September, while selling transactions represented about 18.5% of the total KWD 3.14 billion.

Local investors in Boursa Kuwait executed sell transactions worth a net of KWD 209.38 million, compared with KWD 2.35 billion representing buy deals.

Kuwaiti traders acquired about 81.5% of Boursa Kuwait’s sell transactions, while buy deals represented 74.8% of total KWD 3.14 billion in the first nine months of 2018.