Mubasher: SHUAA Capital continued to reduce its ownership on Bahrain-listed Khaleej Commercial Bank, according to a bourse statement on Wednesday.
The Dubai-listed SHUAA reduced its stake to 13.78% after selling 1.4 million shares at 11 fils per share, at a total value of KWD 154,000 (AED 1.86 million).
In late April, SHUAA Capital trimmed its shareholding in the bank to 13.9%.