Boursa Kuwait closes Tuesday higher on banks’ financials

Mubasher: The indices of Boursa Kuwait closed Tuesday’s trading session in a positive direction in line with the good results disclosed by the National Bank of Kuwait (NBK) and Boubyan bank on Monday.

The All-Share market went up 0.93% or 47.8 points to close at 5,131.22 points. Similarly, the Main and Premier markets added 0.63% and 1.09%, respectively.

The consumer goods and telecom segments topped eleven gainers with a rise of 1.13% each, while the technology sector was the only decliner with 4.7%.

KMEFIC headed the winners with 17.3%, while Sanam led the losers with 9.5%.

Boursa Kuwait’s liquidity grew by 35.5% to KWD 32.82 million on Tuesday from KWD 24.23 million in the previous session after the trading volume increased by 48.6% to 194.63 million shares from 130.97 million.

Kuwait Finance House (KFH) posted the highest turnover of KWD 7.24 million, the stock added 1.5%.

Investors was the most active stock on which 15.37 million shares were exchanged, the stock rose by over 14%.

MUBASHER Contribution Time: 10-Jul-2018 10:28 (GMT)
MUBASHER Last Update Time: 10-Jul-2018 10:28 (GMT)