Gulf Finance

SUKUK PIPELINE - Issue plans around the world

The Thomson Reuters Global Sukuk Index is at 118.24280 points, up from 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 116.64293 points against 113.69014 at end-2014.

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.

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