INVESTORS`R
Kuwait-Mubasher: Investors Holding Group soared by 8.33% or 2 fils to 26 fils before closing Tuesday’s session. The stock has achieved its first rise in a month.
The stock’s latest rise was 3.5% on 19 November.
Investors had a turnover worth about KWD 241,400 after 9.61 million shares were traded through 125 transactions, the highest trading volume before closing.
Total purchase orders were about 15 million shares, while gross supply of shares were 3.4 million.
The company clarified on 14 December that the heavy trading activity on the stock is unjustifiable and no certain development recently occurred based on which the stock should see that hive of activity.