Kuwait - Mubasher: The Kuwait Stock Exchange (KSE) announced on Thursday that a special transaction on Mobile Telecommunications’ (ZAIN) stock was held at a total value of KWD 16.04 million.
The bourse added in its statement that the number of sold shares reached 38.61 million.
Today, the Kuwaiti bourse approved a special transaction for around 34.23 million shares at almost KWD 14.21 million.
Zain has also signed a finance agreement with a number of local and international banks at $500 million.
The stock closed Thursday’s trading session at KWD 0.415 per share, registering a 1.19% decline by the end of the session.
