By: Mohamad Farouk

Mubasher: The stock of Sokouk Holding went down 5.2% after it resumed trading on Sunday.

By 10:27 am Kuwait time, Sokouk was the top loser with a loss of 2.4 fils to reach 44 fils.

About 329,000 shares represented the purchase orders, while nearly 175,500 shares represented the sell order on Sokouk.

Trading volume of the stock was about 184,800 shares traded through 6 transactions at a value of around KWD 8,210.

The decline of Sokouk Holding’s stock on Sunday makes sense because of the long duration in which trading on the stock was suspended, capital market analyst Badar Al Badr told Mubasher.