Kuwait - Representing Boubyan Petrochemical, Kuwait Foundry Co.’s board member purchased around 189,700 of the latter’s shares on Thursday 22 August 2019, Kuwait Foundry disclosed to Boursa Kuwait on Sunday.

The deal was concluded at a total value of KWD 49,300 nearly or KWD 259.9 fils per share, according to the disclosure.

It is worthwhile to mention that during the second quarter of 2019, Kuwait Foundry’s profits shrank by 84.2% to about KWD 79,250 when compared to around KWD 500,170 in Q2-18

Source: Mubasher

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