Mubasher: Boursa Kuwait announced that a private transaction including 20 million shares was executed on the stock on the Gulf Bank of Kuwait (GBK).
The private deal was valued at KWD 0.255 per share at a total of KWD 5.10 million ($16.83 million), according to a disclosure on Tuesday.
It is noteworthy that GBK has a capital of KWD 304.81 million distributed on 3.05 billion shares at a par value of 100 fils each.
At the stock level, GBK closed Tuesday’s session 3.25% higher at 254 fils at a liquidity of KWD 1.4 million on 5.6 million traded shares.
It is noteworthy that private transactions do not affect the price of the last transaction on the stock, the high-and-low share price, the opening and closing prices, the benchmark index, nor the sector indices.
