KHCB increases its treasury shareholding

Khaleeji Commercial Bank (KHCB) said yesterday it has increased its treasury shareholdings on the Bahrain Bourse.

The bank bought 605,000 shares, increasing its treasury holdings to 95 million shares or 9.10 per cent of the paid-up capital from 94.9 million shares. In 2017, Dubai Financial Market (DFM) listed KHCB shares, which already used to trade on Bahrain bourse. Four companies have dual listing on both bourses. KHCB shares were down more than 3 per cent at Dh0.705. (Staff Report)