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KUWAIT- OTC trading “positive”

Media IN/ Abu dhabi / 05-05-2019: KUWAIT

Kuwait’s Over the Counter market witnessed a rise in total trading by end of last week, reaching 3.5 million shares at a value of KD 251,4 (USD 854,7) done through 35 transactions.

Immediate transactions recorded a positive performance during the week with trading reaching 320,9 shares, at a value of KD 8,7 (USD 29,5 done through 24 transactions.

However, for the case of private transactions, trading was positive during the week with 3.2 million shares traded, valued at KD 242,7 (USD 825,18) through 11 transactions

The market targets to create a transparent environment by bringing buyers and sellers together using fully supervised mechanisms. The trading platform adopts the clearing and settlement procedures.

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