Mubasher: The indices of Boursa Kuwait closed Tuesday’s trading session with negative performance, pressured by the fall of leading sectors.
The All-Share Market index declined by 0.26%, while the Main Market index and the Premier Market index fell by 0.14% and 0.3%, respectively.
The bourse’s turnover shrank by 34.1% to KWD 21.75 million on Tuesday from KWD 33.02 million on Monday, while the market’s trading volume plunged by 40.3% to 100.65 million shares, compared to 168.54 million in the previous trading session.
The banking sector fell by 0.24%, followed by the telecommunication and industrial sectors with 0.66% and 0.6%, respectively.
Meanwhile, the technology sector headed the risers adding 9.86%, while the insurance sector grew 1.02%.
By the end of Tuesday, Zain’s stock, which retreated 0.84%, topped Boursa Kuwait in terms of trading value after generating a turnover of KWD 2.5 million, while Arzan Financial Group for Financing and Investment’s stock, which fell by 1.06%, registered the highest trading volume of 11.98 million shares.
