The shares of the National Consumer Holding Company, which circulated on the Kuwait Stock Exchange, increased by 3.42% at the end of the trading of the session today, to close at 121 fils per share, achieving its highest price in 4 months.
At that time, 26 million shares of the National Consumer Holding Company shares were traded, with a value of trading 3.14 million dinars.
The highest price of the share at that time was at 124 fils, while the lowest price was at 117 fils, to touch his highest price in 4 months and 22 days.
The Holding National Holding Company is one of the public joint stock companies that was established in Kuwait on June 5, 1996, and its shares were included in the Kuwaiti stock market on June 12, 2006.
The company is active in the industrial sector by managing a group of subsidiary companies operating in multiple fields such as the cartoon industry, paper products, and iron.
The company exported to the company is 30 million Kuwaiti dinars, distributed over the number of shares of 300 million shares with a nominal value per share of 100 Kuwaiti fils.
The company’s portfolio includes a number of companies that operate under its umbrella, including the Saudi Kuwait Carton Company – it is entirely owned, Professional Group Holding – 99%royal share, and the Gulf Mineral Industry Company – 75%royalty
In 2022, the company’s capital was raised from 9 million to 30 million dinars by issuing 210 million shares at a issuance price equivalent to the nominal value without a bonus.
In the middle of 2023, the company established a new subordinate entity in the Kingdom of Saudi Arabia under the name “Gulf metal for industry”, with a royal share of 75%.
