Kuwait's CBK cuts stake in Boubyan Bank to 17.7%

Commercial Bank of Kuwait has cut its stake in Boubyan Bank down by 2,2 %.
The data showed that the stake dropped to 17.7 %.
Trade in Boubyan shares has lately been extremely heavy, with more than 94 million shares, changing hands and the stock price was up 1.25 % at 0.405 dinar. The identity of the buyer of CBK's holding in Boubyan was not clear.