Blue chips push KSE to fall

Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) declined by the end of Thursday’s session amid pressures by blue chips and lower liquidity.

KSE’s price index levelled down by 0.21% or 11.54 points to close at 5,459.26 points.

The weighted index was down by 0.73% or 2.6 points to reach 349.92 points, while Kuwait-15 index fell by 0.82% or 6.74 points to 811.93 points.  

The majority of blue chips ended the session in the red zone, dragged by KFH and NBK which lost 2.15% and 1.7% respectively.

KSE’s liquidity shrank by 29.4% to KWD 6.91 million, while trading volume reached 62.6 million shares.

Manazel Holding was the most active stock on which 8.79 million shares were exchanged, while NBK recorded the highest liquidity that stood at KWD 1.13 million.

 

Mubasher Contribution Time: 04-Aug-2016 10:55 (GMT)
Mubasher Last Update Time: 04-Aug-2016 10:55 (GMT)