Boursa Kuwait closes Thursday in green zone

Mubasher: The indices of Boursa Kuwait rose collectively in Thursday’s trading session.

The price index inched up 0.03% or 2.09 points to the level of 6,623.49 points.

Likewise, the Kuwait-15 index closes higher 0.31% to its highest level since 17 October 2017.

The technology sector topped rising five sectors with 4.16%, followed by the materials sector, which grew 1%.

Similarly, the consumer goods and consumer services segments edged up 0.69% on the back of Jiyad Holding and Soor Fuel Marketing, which levelled up 9.8% and 2.6%, respectively.

The financial services sector added 0.45%, bolstered by Kuwait and Middle East Financial Investment (KMEFIC), which surged 17%.

The real estate sector increased 0.25%, backed by Sanam Real Estate and Real Estate Trade Centers (Marakez), which rose 5.41% and 5.1%, respectively.

On the other hand, the insurance sector fell 1%, while the communication sector slipped 0.77%, ignoring the leading Zain, which edged up 0.58%.

Boursa Kuwait’s liquidity increased by 42.8% to KWD 17.99 million on Thursday from KWD 12.6 million in the previous session.

Trading volume grew by 48.3% to 95.39 million shares, versus from 64.67 million.

Al Imtiaz Investment Group (Alimtiaz) was the most active stock on which 27.76 million shares were exchanged through 388 transactions at a turnover of KWD 4.67 million, down 2.34%.

MUBASHER Contribution Time: 26-Oct-2017 10:49 (GMT)
MUBASHER Last Update Time: 26-Oct-2017 10:49 (GMT)