Kuwait .. “Digz” shares ascends to the highest price in 14 months

The share of the Digz Telecom Company, which traded on the Kuwait Stock Exchange, climbed by 15.08% during trading on Monday, to trade at the price of 103 money for the share, to record its highest price in 14 months.

The trading on the Digz Telecom Corps came at that time at 2.56 million shares, with a value of trading 264.69 thousand dinars.

The highest price of the share at that time was at 110 money, while the price of the share was at 92 fils.

The stock touched the highest price in a year, two months and 21 days.

“Hayat Telecom” company is one of the companies specialized in providing integrated solutions in the telecommunications sector, as its services include the sale, installation and maintenance of communication equipment and networks, in addition to developing infrastructure and establishing data centers.

The company also provides solutions in the areas of security, safety and surveillance systems, in addition to technical consultations in the fields of communications and information technology.

According to the money market data, the capital of “Digz” company is about 9.25 million Kuwaiti dinars, distributed over 92.5 million shares. At the forefront of the main shareholders, the Badr Fahd Al -Razihan Group comes with a share of 29.12%, followed by the contribution of Imad Habib Jawhar life by 12.78%, then Salwa Yaqoub Jassim Boalbanat by 9.60%until mid -April 2019.

It is worth noting that “Digz” has been listed on the Kuwait Stock Exchange since May 2007, and has been practicing its business within the capital commodity sector, with a special focus on the areas of construction and engineering. The company was established in May 1999 and is based in Kuwait City.