By: Mohamad Farouk
Mubasher: The small and medium shares at Boursa Kuwait usually register better performance during annual closings to reflect positive impact when preparing the final budget, capital market analyst Yacoub Al Mashaan told Mubasher.
The Main Market index of Boursa Kuwait has acquired more than 80% of trading volume on Monday, the last session in 2018, while it accounted for 44% of liquidity, Al Mashaan added.
The All-Share index approached its first resistance at 5,080 points but it closed a little lower, the analyst added.
Al Mashaan noted that the first session in 2019 on Wednesday, 2 January, is expected to register a fluctuating performance which will improve in line with the beginning of the first quarter.
The second quarter is also expected to witness a momentum at Boursa Kuwait, Al Mashaan added.
