Mubasher: The Kuwaiti bourse continued its downward trajectory at Monday’s close for the second day in a row.
The Premier, BK 50, and Main indices decreased by 4.97%, 1.82%, and 1.26%, respectively, while the All-Share market index slid by 3.87%.
The turnover went up by 8.2% on Monday to stand at KWD 41.64 million from KWD 38.47 million on Sunday.
Trading volume increased by 11.9% to 175.03 million shares from 156.38 million traded shares yesterday.
Basic materials headed eight losing sectors with 6.46%, whereas the consumer services and consumer goods indices rose by 0.64% and 2.62%, respectively.
Noor Financial Investment came on top of the declining stocks and lost 16.73%, whereas Kuwait and Middle East Financial Investment (KMEFIC) led the gainers and surged by 16.59%.
The National Bank of Kuwait (NBK) showed the largest turnover of KWD 9.46 million, the stock closed down by 3.67%.
Al Madina for Finance and Investment led the trading activity through the exchange of 28 million shares, the stock retreated 1.72%.
