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Kuwait Real Estate’s stock falls to 3M low Tuesday

Kuwait Real Estate’s stock falls to 3M low Tuesday
The real estate sector was impacted by the decline of Kuwait Real Estate
KRE
KRE`R
-6.01% 360.00 -23.00

By: Mohamad Farouk

Mubasher: The stock of Kuwait Real Estate went down 1.7% or 0.8 fils on Tuesday to reach 46.5 fils, the lowest level in three months.

By 10:07 am Kuwait time, Kuwait Real Estate registered a volume of 1.06 million shares traded through seven transactions at a value of nearly KWD 49,320.

Selling transactions totalled 4.2 million shares compared to 1.22 million shares representing purchasing orders on the stock.

The real estate sector was impacted by Kuwait Real Estate's decline. Overall, the sector shed 0.12%.