Money and business

Kuwait .. The “Warba Capital” share has made the largest daily gains in 45 months

The share of the “Warba Capital” Holding Company, which is included in the Kuwait Stock Exchange, rose by 30.12% during trading today, Wednesday, to close at the price of 324 fils per share, to record the largest daily gains in 45 months.

The trading on the shares of Warba Capital Holding Company at that time came at 13.13 million shares with a value of trading 3.76 million dinars.

The highest price of the share at that time was at 345 fils, while the lowest price was at 250 fils, and the stock achieved the largest daily gains in 3 years, 9 months and 9 days.

Warba Capital Holding Company has announced its transformation into profitability during the third quarter ending on April 30, 2025.

The company recorded a net profit of 262.27 thousand Kuwaiti dinars in the third quarter of its financial year, compared to losses of 43.91 thousand dinars during the same period in 2024, which reflects a remarkable financial improvement.

The company attributed this positive transformation in financial performance to achieving capital profits resulting from the sale of one of the properties owned by it.

In terms of cumulative performance, Warba Capital achieved a net profit of 20.99 thousand dinars during the nine months ending in April 2025, compared to losses of 79.87 thousand dinars during the same period of the previous year.

Warba Capital Holding, listed on the Kuwait Stock Exchange since December 2010, is one of the leading companies within the various financial services sector, with its focus on asset management and conservative bank services. The company was established in July 2004 and its headquarters is located in Kuwait City.

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