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Boursa Kuwait resumes trading on KGL Logistics

Boursa Kuwait resumes trading on KGL Logistics
The performance of KGL Logistics was positive earlier on Monday
LOGISTICS
LOGISTICS
4.26% 31.80 1.30

Mubasher: Boursa Kuwait Securities Company has decided to resume the trading activity on the stock of KGL Logistics, following a disclosure on a legal case between KGL Stevedoring, a subsidiary of KGL Logistics, and Kuwait Ports Authority (KPA), according to a bourse filing on Monday.

Following this decision, the performance of KGL Logistics was positive with an increase of 1.2% after 446,000 shares were exchanged at a value of KWD 19,000.

Earlier on Monday, Boursa Kuwait announced that trading on KGL Logistics was suspended based on the company’s request.