Napesco stock jumps on H1 positive results

Mubasher: The stock of National Petroleum Services (Napesco) rose 10.86% to reach KWD 1; its highest price since listing.

By 10:43 am Kuwait time, about 4,900 shares were exchanged through 12 transactions at a value of KWD 5,000.

The stock’s performance came in line with the 5.02% growth of the oil and gas sector which topped gainers.

During the first half of 2017, the company's profits grew by 6.9% to KWD 4.04 million from KWD 3.78 million in the same half a year ago.

 

Mubasher Contribution Time: 26-Jul-2017 08:37 (GMT)
Mubasher Last Update Time: 26-Jul-2017 08:42 (GMT)