Boursa Kuwait closes Monday on mixed note

Mubasher: Boursa Kuwait ended Monday’s trades on a mixed note. The benchmark price index inched up 0.13%, or 7.8 points, to 6,222.94 points, while the weighted and Kuwait-15 indices dropped 0.16% and 0.33%, respectively.

Five sectors topped the market’s losers, led by the consumer service which fell 4.7% after Amricana and Danah Al Safat Foodstuff Company’s stocks slid 18.57% and 0.3%, respectively.

Meanwhile, five sectors topped the market’s gainers, spearheaded the banking sector which added 0.3%, encouraged by the National Bank of Kuwait’s 1.33% hike.

On Monday, Boursa Kuwait’s liquidity grew 21.9% to KWD 14.86 million from KWD 12.19 million on Sunday, while the trading volume increased 20.9% to 77 million shares from 63.71 million shares in the previous session.

Kuwait Financial House’s stock led the Boursa Kuwait in terms of liquidity with KWD 2.92 million, while Ithmar Bank topped the market in terms of trading volume with 6.59 million shares.

Mubasher Contribution Time: 04-Dec-2017 10:53 (GMT)
Mubasher Last Update Time: 04-Dec-2017 10:53 (GMT)