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[ 13 to 18 May 2023]
OTC Platform trading - 13 to 18 May 2023 :

The volume of shares traded this week was 201% higher than last week, with 66.9 million shares traded this week versus 22.2 million last week. As for the value of trade, it has also witnessed an increase of 51% compared to the previous week. However, the number of deals executed dropped by 34 deals while the number of unlisted companies that had trading activity increased by 9, resulting in 52 unlisted companies being traded this week.

  • Total value of trade for this week - KD 948,178 compared to KD 627,098 traded last week.
  • Total volume of trade for this week - 66,901,285 shares compared to 22,230,045 traded in the previous week.
  • Total number of deals for this week - 107 deals compared to 141 deals executed in the week before.

Topping the charts this week on Highest Value and Volume was OTC code #261 Flex Resorts And Real Estate Co ( Kscc)
  • Value traded KD 412,562
  • 41.25 million shares were traded this week.
  • 1 deal at a price of 10 fils per share
  • YTD, 4 deals have been done in this company's shares
  • 43.675 million shares
  • VWAP of 9.8 fils per share compared to a VWAP of 5 fils per share for trading conducted in 2022 on this company's shares.

Highest number of deals conducted this week was OTC code # 202 Jeeran Holding Company:
  • 9 deals
  • 740,878 shares were traded this week
  • Trading closed this week at 80 fils compared to a VWAP of 67.7 fils per share
  • YTD, nearly 1 million shares in this company were traded at a VWAP of 72.5 fils per share

Various companies have upcoming AGMs/EGMs scheduled to discuss the main agenda items, some of these include:
  • OTC code #773 Alburaq Holding Company traded in the OTC market with YTD 150,000 shares traded in 7 deals with a VWAP of 4.9 fils per share.
  • OTC code # 232 ALBAREEQ HOLDING CO. will be discussing its 2022 financial results. This company actively traded in the OTC Market with 4 million shares being traded through 78 deals at a VWAP of 10.8 fils per share.
  • OTC code # 140 AAN digital services CO, which recently joined the OTC Platform, will be discussing its 2022 financials at its AGM. The company had 2 deals with a VWAP of 20 fils since joining the OTC Platform.

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HYBRID DEALS
Hybrid deals recorded the following performance in terms of the value and volume traded:

  • Number of deals: 62
  • Number of companies traded: 37
  • Volume of shares traded: 2,475,587 shares
  • Value of transactions: KD 94,826

Click here for the updated list of the 127 companies being traded as Hybrid deals - companies sorted on OTC code.
NEGOTIATED DEALS
Negotiated deals recorded the following performance

  • Number of deals: 36
  • Number of companies traded: 18
  • Volume of shares traded: 62,852,813 shares
  • Value of transactions: KD 843,679


OFF MARKET NEGOTIATED DEALS
Private Negotiated deals performed as follows.

  • Number of deals: 9
  • Number of companies traded: 6
  • Volume of shares traded: 1,572,885 shares
  • Value of transactions: KD 9,674

Real time information about other Private deals conducted through KCC (Kuwait Clearing Company) is only available on www.almowazi.com as part of the Live Market Watch subscription. Summary information is available on the home page under the tab 'Off market -Negdeals'.

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