Kuwait – Mubasher: Al Mudon International Real Estate’ stock registered on Monday its second highest trading activity this year.
The stock made the highest trading volume of 8.8 million shares, representing 24.5% of the total trading volume of the Kuwait Stock Exchange (KSE) amounting to 35.9 million shares.
By 11:20 AM Kuwait time, the stock rose 7.55% to 28.5 fils, its highest level since a month and a half.
Turnover reached KWD 239.6 million, 8.3% of the market’s total turnover of KWD 2.9 million.
The number of offered shares amounted to 2.2 million stocks, against 670,500 buying orders.