Kuwait .. “Warba Capital” shares ascends to its highest level in 17 months

The shares of Warba Capital Holding Company, which is raised and traded on the Kuwait Stock Exchange, rose 17.53% by closing trading today, to close at 295 fils per share, to reach its highest price in 17 months.

The trading on the shares of Warba Capital Holding Company at that time came at 6.51 million shares, with a value of trading 1.87 million dinars.

The highest price for the share was at that time at 319 fils per share, while the share price was at 251 fils per share.

The stock touched the highest price in 1 year and 5 months.

Warba Capital Holding Company was established in July 2004 under the name “Boubyan International Holding Industries Company”, with a capital of 30 million Kuwaiti dinars, in December 2010, the company’s shares were listed on the Kuwait Stock Exchange.

The company seeks to be a leader in the field of international industries in Kuwait, by developing and promoting direct investments in the industrial sector.

Warba Capital’s goals are to enable the private sector to invest in the industrial field at the local and international levels, with a focus on achieving high returns on property rights, and the company manages a variety of direct investments in multiple industrial and service sectors.

Warba Capital seeks to achieve a distinguished financial performance, as her recent financial results showed a net profit of 1.24 million Kuwaiti dinars, after re -classification as a company affiliated to Boubyan Petrochemical Company.

The company seeks to achieve sustainable growth through deliberate investment strategies, while adhering to the highest quality and professional standards in all its operations.