Dubai-Mubasher: The stock of GFH Financial Group rose in both Dubai and Kuwait on Wednesday, after the board has decided to suspend its decision to delist from the Kuwait Stock Exchange (KSE).
On DFM, the stock grew 1.8% to settle at AED 0.509 at 11:15 UAE time, after 73.06 million shares were exchanged with a value of AED 37.47 million.
Meanwhile, GFH levelled up 1.27% to reach $0.13, after 53.16 million shares were exchanged with a liquidity of about KWD 2,190.
The stock was not traded in its home market Bahrain.
The sharia-compliant investment firm earlier said that it reversed its delisting plans on recent amendments made to the executive regulations of Kuwait’s Capital Markets Authority.
