Kuwait .. Kuwait real estate shares have made the largest daily gains in 60 sessions

The shares of Kuwait Real Estate Company, which is listed and traded on the Kuwait Stock Exchange, managed to achieve the largest daily gains in 60 sessions, and the largest previous daily gains were in the January 27 session.

Kuwait real estate shares rose by 3.87% at the end of trading today, Wednesday, to close at 0.376 dinars per share, a difference of 0.014 dinars up during the session.

The trading on Kuwait Real Estate shares came in a session today, through 711 trading operations, at 13.67 million shares with a value of trading 5.06 million dinars.

The highest price for the share was at the end of trading today, Wednesday, at 0.379 dinars per share, while the lowest price for the share was at 0.361 dinars per share.

It is expected that the company’s shareholders will discuss the recommendation of the Board of Directors to distribute a grant shares to shareholders at a rate of 3 shares per 50 shares, which represents an increase of 6% in the capital.

Kuwait real estate, which is one of the oldest real estate companies in Kuwait, was founded in May 1972, and plays a prominent role in developing the real estate sector locally and internationally, as the company provides a wide range of real estate services, including investment in residential and commercial real estate, asset management, and real estate development.

It has projects in the Middle East, the Gulf Cooperation Council countries, Europe, and the United States, which reflects its global expansion and various investment strategy.

The shares of the company were included in the Kuwait Stock Exchange in September 1984, and this was strengthened by its position as a public shareholding company with influence in the Kuwaiti financial market, and the company continues to develop its real estate and investment projects, with a focus on innovation and sustainability in the real estate sector, and it is affiliated with several subsidiaries, such as the Kuwaiti Real Estate Development Company and the Kuwait Financial Group, which enhances its ability to provide integrated real estate solutions.