Dubai-Mubasher: The stock of GFH Financial Group retreated in both Dubai Financial Market and Kuwait Stock Exchange by 1.18% and 3.45% respectively at 12:30 UAE local time.
In DFM, GFH fell to AED 0.504 after 55.77 million shares were exchanged, with a total value of AED 28.5 million.
Also in KSE, the stock declined to KWD 0.42 as 4.2 million shares estimated at KWD 179,310.
It is noteworthy that the stock fell despite GFH’s earlier report that it collected $12.2 million on back ofa case it filed against Abu Dhabi Investment House (ADIH) and Qatar Entertainment City Company (QEC) before Bahrain Chamber for Dispute Resolution (BCDR).
Moreover, no transactions were executed on the stock in Bahrain Bourse.
