Economy Country 2025-11-04T10:12:37+00:00

Holding Company Stock Rises in Kuwait

The Kuwaiti company Holding's stock hits its maximum for the second day in a row, the company reduces losses and shows a shift to profitability in the first nine months of the year.


Holding Company Stock Rises in Kuwait

The stock of Holding Company continued its rise on Tuesday, reaching its maximum for the second consecutive day at 0.388 dirhams, with liquidity of about 1 million dirhams through trading 2.7 million shares. The company reduced its losses attributable to shareholders to 90,252 Kuwaiti dinars (1.078 million dirhams), compared to a net loss on Monday. On Monday, the share price reached 0.338 dirhams after hitting the maximum, with liquidity of 4.2 million dirhams on 12.37 million shares. The company's financial statements showed a shift to profitability in the first nine months of this year, amounting to 270 thousand Kuwaiti dinars (3.2 million dirhams), compared to losses of 1.5 million Kuwaiti dinars (17.94 million dirhams).