12/08/2009 00:00 AST

Coast Investment and Development Co., a Kuwaiti securities and property investment company, climbed to a 10-month high after profit almost quadrupled.

The shares jumped 4.4 percent to 144 fils at 9:09 a.m. in Kuwait City, the highest price since Oct. 21.

The company said second-quarter profit surged to 12 million Kuwaiti dinars ($41.74 million) from 3.1 million dinars in the year-earlier period.


Bloomberg

Ticker Price Volume
COAST Sector Market
P/E
Price/BookValue
Ticker Price Change
OSOUL 159.00 1.00 (0.63%)
BAYANINV 56.60 0.20 (0.35%)
GFC 144.00 -5.00 (-3.36%)
KINGDOM 8.84 0.09 (1.02%)
TADAWULGROUP 179.00 -2.20 (-1.22%)
TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%

16/05/2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE

Trade Arabia

Abraj Energy signs deal with BP for drilling rig in Block 61

16/05/2025

Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.

The

Muscat Daily

Commercial Bank launches new CB Corporate Banking App

16/05/2025

Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.

This stat

Gulf Times

Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed

16/05/2025

Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi

Gulfnews

NBK publishes first green bond allocation and impact report

16/05/2025

In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental

Kuwait Times