By: Mohamad Farouk
Mubasher: The stock of Integrated Holding Co acquired about 75.4% of Boursa Kuwait’s trading value almost 15 minutes after its first trading on the stock exchange on Sunday.
Almost 15 minutes after Boursa Kuwait opened its session, Integrated registered KWD 6.92 million in turnover while the stock market’s liquidity stood at nearly KWD 9.18 million.
Integrated registered 7.67 million shares that represented 41.6% of Boursa Kuwait’s trading volume of 18.43 million shares.
The stock of Integrated Holding started Sunday’s session at 900 fils.
Trading on blue chips are expected to be calm on Sunday, 15 July, due to the expected speculations on Integrated’s stock, capital market analyst Ibrahim Al Filkawy told Mubasher.
It is noteworthy that the listing of Integrated Holding is considered the first in three years, and the first listing for a family-business company in four years.
