By: Mohamad Farouk
Mubasher: The transactions of Boursa Kuwait during the first six months of 2018 showed that foreign and Gulf investors have executed purchasing deals valued at KWD 50 million ($165.4 million).
Foreign and GCC traders, including individuals, institutions and companies, funds, and clients’ portfolios, have executed purchasing transactions worth KWD 305.94 million in H1-18 compared to KWD 255.95 million representing sales.
About 20.8% of the total purchasing transactions in H1-18 was executed by foreign and Gulf investors, while the selling deals formed 17.4% of the total KWD 1.47 billion in the first six months.
Meanwhile, Kuwaiti investors executed selling transactions valued at KWD 50 million in H1-18.
Local traders acquired about 82.6% of the total selling transactions in H1-18, while the purchasing deals represented 79.2% of the total KWD 1.47 billion in the first six months.