Mubasher: The CEO of Qurain Petrochemical Industries has purchased an equity of nearly 823,090 shares at a value of about KWD 163,790 on Tuesday.
The average price of this private transaction stood at KWD 0.199 per share.
It is noteworthy that Qurain has a capital of KWD 109.92 million that is distributed on 1.09 billion shares at a nominal value of 100 fils each.
At the stock level, Qurain Petrochemical closed Tuesday’s session 1.32% lower at 375 fils.
It is noteworthy that private transactions do not affect the price of the last transaction on the stock, the high-and-low share price, the opening and closing prices, the benchmark index, nor the sector indices.