Mubasher: The stock of the Gulf Bank of Kuwait (GBK) retreated by 0.68% or 2 fils to reach 294 fils, the lowest level in six months.
By 10:30 am Kuwait time, the performance of the GBK’s stock was in contrast with the banking sector which gained 0.14%.
The bank’s liquidity stood at KWD 1.92 million, representing 32.1% of Boursa Kuwait’s total trading value of KWD 5.98 million by that time.
The trading volume of the GBK reached 6.53 million shares that were exchanged through 157 transactions.
Furthermore, the stock registered strong selling orders of 12.44 million shares, while the purchasing orders stood at 5.71 million.