Boursa Kuwait closes Sunday in green

Mubasher: The indices of Boursa Kuwait closed Sunday’s trading session with a grouped rise for the third session in a row; the benchmark price index added 0.79% or 50.8 points to 6,504.97 points.

Similarly, both the weighted and Kuwait-15 indices gained 0.56% and 0.77%, respectively.

Real estate companies topped five gainers with 2.3%, backed by Real Estate Asset Management (REAM) with 19%.

The consumer services segment went up 1.45%, backed by Kuwait Cable which jumped 20% to be the top winner.

Meanwhile, the oil and gas sector led five decliners with 0.7%, dragged by Burgan Drilling which lost 12.4%.

Telecom companies retreated 0.44%, as Ooredoo and Viva lost 1.3% and 1%, respectively.

Boursa Kuwait’s turnover shrank by 14.3% to KWD 17.44 million on Sunday compared to KWD 20.34 million in the previous session after the trading volume decreased by 11.9% to 131.14 million shares from 148.87 million.

Kuwait Finance House (KFH) posted the highest liquidity of KWD 4.1 million.

Investors was the most active stock on which 19.41 million shares were traded.

Mubasher Contribution Time: 07-Jan-2018 11:10 (GMT)
Mubasher Last Update Time: 07-Jan-2018 11:10 (GMT)