By: Mohamed Farouk
Mubasher: The stock of Combined Group Contracting Company registered on Monday the second active trading level since the beginning of 2019.
Hitting the highest level in six weeks, the stock posted liquidity of KWD 1.81 million after 8.33 million shares were traded through 483 transactions.
By almost 10:30 am Kuwait time, Combined Group’s stock gained 5 fils or 2.36% to reach 217 fils.
Total purchase orders on Combined Group’s stock reached 1.47 million shares versus 1.57 million representing total sell orders.
Combined Group’s stock is among the strong operating stocks on Boursa Kuwait, with its performance depending mainly on positive news such as new projects and deals, capital market analyst Moustafa Al Jarhy told Mubasher.
