Mubasher: International Financial Advisors (IFA) announced that it would generate a profit valued at nearly KWD 310,500 ($1.03 million) from selling an investment.
IFA, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM), said that the financial impact of this selling transaction will be realised in the income statements of the second quarter of 2018, according to a bourse statement on Thursday.
On Wednesday, IFA announced that it sealed an agreement to sell an investment valued at KWD 3.6 million ($11.9 million).
At the stock level, IFA closed Thursday’s session at 26 fils in Boursa Kuwait, while no transactions were registered in the DFM.
