Al Ahli Bank of Kuwait K.S.C.P. (ABKK.KW)

Also known as:  ABK, Al Ahli, Al Ahli Bank of Kuwait

ABK announces operating profits of KD 87.3 million

KUWAIT: Al Ahli Bank of Kuwait (ABK) yesterday announced Operating Profits of KD 87.3 million for 2015, up 5.8% from last year. Operating Income also saw a 9.3% jump to KD 128.5 million, while net loans and advances to customers increased by 25.8% over the same period, underlining the Bank's strong growth momentum. Net Profits, however, were down 19.2%, from KD 37.6 million to KD 30.4 million,

Kuwait Times - 10-Feb-2016

KSE index falls 51.76 pts lower to 5,571.93 points

Kuwait stocks plunged 51.76 or 0.92% lower to 5571.93 points at the start of the week as low risk attitudes prevailed. The bourse marked a 31.83% drop in volume from last week's close. The weighted index ebbed 0.94 points lower to 380.46 points. The KSE benchmark slipped 0.14 points lower to 902.02 points. The number of trades stood at 2,008 with a low volume of 54.13 million shares exchanged for

Arab Times - 22-Dec-2015

Kuwait stocks rise 13.8 pts to close at 5,616.18 points - Total volume of 99.75 mln shares traded

KUWAIT CITY, Dec 15Kuwait stocks rallied to 5,616.18 points, rising 13.8 points or 0.25 percent above the red line mid-week. The weighted index stood at 381.58 points, up by 0.31 points.. The KSE benchmark pushed 0.54 points higher to the green, ending the session at 903.25 points. A total volume of 99.75 million shares were traded for a total value of KD 15 million in 2,898 transactions. 125

Arab Times - 15-Dec-2015

Kuwait stocks drift lower; volume rises - Zain slips 5 fils; KIPCO flat

KUWAIT CITY, Oct 28Kuwait stocks dipped on Wednesday extending the retreat to third consecutive day as oil prices continued to weaken . The main index dropped 22.07 points to 5,769.9 pts amid fresh selling in select counters. The banks closed mixed while other blue chips closed mostly in red .

Arab Times - 28-Oct-2015

ABK Q3 profits surge

Net loans and advances to customers increased by 17.7%

Kuwait Times - 26-Oct-2015

Al Ahli Bank records net profit of KD 29.2m - Customer-focused approach is bearing fruit: chairman

KUWAIT CITY: Al Ahli Bank of Kuwait (ABK) today announced a net profit of KD 29.2 million for the first nine months of 2015, a 7 percent increase from KD 27.3million over the corresponding period in 2014. Net operating income also saw a substantial 8 percent jump, rising to KD 65.4 million from KD 60.6 million when compared to the third quarter last year. Net loans and advances to customers

Arab Times - 26-Oct-2015

Kuwait bourse sheds 8.87 pts; volume drops

Kuwait City: Kuwait stocks pulled lower on Wednesday, extending the losses to second straight session. The price index, after a firm start, dropped 8.87 pts to 6,285.6 points. Banks were mostly muted whereas speculative trading swayed mid and small caps in both directions. The KSX 15 gauge eased 2.19 pts to 1,013.03 points and is down 48 points year-to-date while weighted index inched 0.45 pts

Arab Times - 12-Aug-2015

Kuwait extends gains amid volume rebound

The market mood was cautiously positive even as oil crept higher after prolonged slump. The KSX 15 gauge eased 0.62 pts to 1,010.68 points taking the

Arab Times - 10-Aug-2015

Kuwait bourse edges lower; volume shrinks

KUWAIT CITY: Kuwait stocks sagged on Sunday, extending the retreat to third consecutive session. The main gauge dropped 4.66 pct in choppy trade to 6,281.84 points weighed by some of the banks and some of the mid and small caps. The market board was mixed even as investors eye fresh cues before picking up new positions. The KSX 15 measure slipped 2.9 pts to 1,025.39 points trimming the month's

Arab Times - 28-Jul-2015

ABK announces net profit of KD20.44m - Net profits rise by 7.2%

KUWAIT: Al Ahli Bank of Kuwait (ABK) yesterday announced a net profit of KD20.44 million for the first half of 2015, demonstrating a 7.2% increase from KD 19.07 million over the same period in 2014. Operating income also saw a 4.6% jump from the same period last year with KD 62.64 million versus KD 59.89 million in 2014, while net loans and advancements to customers increased by 8.4% over

Kuwait Times - 26-Jul-2015

Kuwait bourse ends week with downtick

KUWAIT CITY, July 2Kuwait stocks sagged on Thursday to end the week on dull note. The price index slipped 5.66 pts in lackluster trade to 6,181.89 pts weighed by some of the banks while telecom major headed north. The sentiment remained cautiously negative as investors kept an eye on the developments following the Greece debt default. The KSX 15 benchmark inched 0.64 pts up to 1,018.06

Arab Times - 02-Jul-2015

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Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

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