By: Mohamad Farouk
Mubasher: The stock of Jiyad Holding Co registered an increase of 3.76% or 3 fils to reach 82.8 fils in Thursday’s early trade, the highest level in a month.
By 10:28 am Kuwait time, the consumer services segment was boosted by the stock’s performance. The sector went up 0.25% to be the third gainer.
Jiyad registered a volume of 3.38 million shares traded through 201 transactions at a value of around KWD 277,400.
Purchase offers totalled 2.31 million shares, compared to 720,350 shares representing the sell offers on the stock.
Jiyad has exceeded the major resistance level at 80 fils; this means it will reach above 82 fils as a positive indicator in the coming sessions, capital market analyst Moustafa Al Jarhi told Mubasher.
