Kuwait-Mubasher: Boubyan International Industries Holding witnessed on Monday the most active trading activity at Kuwait Stock Exchange (KSE) in three years.
The stock’s trading volume reached 21.33 million shares traded through 177 transactions, with a value worth about KWD 663,150; the stock came in the second place among the most active shares.
Boubyan International Industries saw purchase offers that totaled 12.22 million shares as compared to 1.54 million shares sale offers.
The stock rose by 8.47% to reach 32 fils, in line with the 1.03% rise of the services sector which topped the gainers at KSE.
The resistance level of the stock is at 33 fils which may lead to 39 fils and 40 fils respectively, said technical analyst Nawaf Al-Oun.
