By: Mohamad Farouk
Mubasher: The stock of Al Mal Investment registered its most active trading in the past six months.
By 11:30 am Kuwait time, Al Mal posted 3.71 million traded shares that represented 11.5% of Boursa Kuwait’s total volume of 32.25 million shares.
Al Mal posted a liquidity of about KWD 77,900 through 67 transactions.
Sell offers totalled 2.04 million shares compared to 1.55 million shares representing total purchase offers.
Al Mal reached the highest price level of 21.7 fils in six months with a gain of 1.6 fils.
The stock of Al Mal Investment has broken the key resistance level of 20 fils, and by exceeding the next resistance level of 21 fils, the stock may reach the highest level of 25 fils, capital market analyst Nezar Younis told Mubasher.
