By: Mohamed Farouk
Mubasher: Boubyan Bank’s stock, which is listed on Boursa Kuwait, rose 1.12%, hitting the highest level in two months, in Tuesday’s early trade.
By 10:15 am Kuwait time, the bank’s stock stood at 542 fils.
A total of 605,200 shares were traded through 80 transactions.
Boubyan Bank’s stock breaks a resistance level of 540 fils, seeking 545 fils, financial analyst Ali Al Solmi told Mubasher.
For the first nine months of 2018, net profits of Boubyan Bank went up 18% year-on-year to KWD 40.3 million.
