Mubasher: Boubyan Bank on Wednesday announced that Abdulla Al-Tuwaijri, deputy CEO of the Kuwaiti lender, has sold around 100,000 shares.
The bid's total return amounted to KWD 53,000, with 530 fils per share, according to the bank's statement to Boursa Kuwait.
The capital of the first Islamic bank founded in Kuwait stands at KWD 238.85 million divided into 2.39 million shares.
For the first half of 2018, the bank's profit hiked 17.7% to KWD 25.74 million, compared to KWD 21.87 million in H1-17.
By the end of Wednesday's session, Boubyan Bank's stock rose 1.52% at 536 fils.