Boursa Kuwait closes Tuesday in green

Mubasher: The All-Share Market of Boursa Kuwait added 0.11% by the end of Tuesday’s trading session, while both the Main and Premier indices gained 0.03% and 0.15%, respectively.

The telecom segment topped four gainers with 0.75%, while the financial services sector led six decliners with 0.72%.

Profit-taking activity has been witnessed in Boursa Kuwait in the recent time; however, blue chips are stable following the disclosure of the income statements for the nine-month period in 2018, deputy head of the investment research unit at KAMCO Raed Diab told Mubasher.

Boursa Kuwait is still in need of portfolios, funds, and new investments to enter the market, he added.

Al Mal Investment headed the winners with 11.6%, while Boubyan Holding led the losers with 18.6%.

Boursa Kuwait’s turnover increased by 30.9% to KWD 12.88 million on Tuesday from KWD 9.84 million in the prior session after the trading volume grew by 31.1% to 69.35 million shares from 52.9 million.

AUB Bahrain was the most active stock on which 8.76 million shares were traded at a value of KWD 1.81 million, the stock closed at 206 fils.

MUBASHER Contribution Time: 30-Oct-2018 11:02 (GMT)
MUBASHER Last Update Time: 30-Oct-2018 11:02 (GMT)