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Arabi Group’s stock falls to lowest level in 8 yrs

Arabi Group’s stock falls to lowest level in 8 yrs
The fall of the stock was in line with the 1.25% decrease of the financial services sector (Photo Credit: Arabianeye-Reuters)
AGHC
AGHC`R
-2.53% 385.00 -10.00

Kuwait – Mubasher: The stock of Arabi Group Holdings dropped 8.8% to reach 52 fils before closing Tuesday’s session, falling to the lowest level in eight years.

The fall of the stock was in line with the 1.25% decrease of the financial services sector which led the decliners, 15 minutes before ending the session.

Trading value of Arabi stock reached about KWD 13,270 after nearly 253,700 shares were traded through 32 transactions.

The overall purchase offers reached nearly 2,200 shares.