Mubasher: The stock of Bahrain Kuwait Insurance Company (BKIC) changed its direction to settle in the green zone at 11:52 am local time, through one transaction that followed an announcement made by A.M. Best International about BKIC’s rating.
The sole transaction on the stock generated about BHD 3,200 through 5,000 shares.
The stock price jumped by 8.47% or BHD 0.050 to settle at BHD 0.640.
A.M. Best International earlier affirmed the company’s financial strength rating at “A-”, and the issuer credit rating at “a-”, with a “Stable” outlook.
