Mubasher: Boursa Kuwait announced that a private transaction was executed on the stock of Boubyan Bank, according to a bourse statement on Sunday.
The general manager of the corporate banking group at Boubyan Bank, Ashraf Abdallah Sewilam, has sold about 83,370 shares in Boubyan Bank for a total value of nearly KWD 41,680.
The average price in this private transaction reached a high level of 500 fils per share.
By the time the transaction was executed, Boubyan Bank’s stock grew by 0.80% to 504 fils, reaching its highest level.
It is noteworthy that Boubyan bank has a capital standing at KWD 227.47 million distributed on 2.27 billion shares.
