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Kuwait’s over-the-counter market logs KWD 3,000 in 1st day of trading

Kuwait’s over-the-counter market logs KWD 3,000 in 1st day of trading
Kuwait’s over-the-counter market logs KWD 3,000 in 1st day of trading

Mubasher: The newly launched over-the-counter market saw a trading of 33,320 shares, through three transactions, at a value that exceeded KWD 3,000 slightly, according to Boursa Kuwait’s statistics.

Future Communications Co Global saw trading of 23,320 shares, while Al-Manar Financing and Leasing’s traded volume hit 10,000 shares, the bourse’s data added.

At the side of private transactions, they were implemented on two companies after 50,480 shares were exchanged, generating KWD 2,480.

Over-the-counter market which started its operations on Sunday, 18 November, is considered the first of its type in the GCC region, and it will be used to implement trading activities for securities which are not listed on main indices of Boursa Kuwait.