By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Tuesday’s trading session with a mixed performance for the second session in a row, as the Premier Market went up 0.13%, while both the All-Share and Main markets retreated 0.04% and 0.38%, respectively.
As the period of disclosing financial statements approaches to end, a state of anticipation is witnessed in the stock exchange. This comes in line with the mixed note that was registered on both Monday and Tuesday, capital market analyst Murad Al Damghi told Mubasher.
Boursa Kuwait is currently witnessing an improvement in liquidity, yet the trading volume is shrinking as investors focus their trading on stocks listed in the Premier Market, the analyst added.
The real estate segment topped three gainers with 0.3%, while the consumer goods sector led seven decliners with 1.35%.
Amar for Finance and Leasing headed the winners with 9.9%, while HEISCO led the losers with 7%.
Boursa Kuwait’s turnover increased by 8.1% to KWD 16.02 million on Tuesday compared to KWD 14.82 million in the previous session after the trading volume decreased by 4.9% to 99.93 million shares from 108.25 million.
HEISCO posted the highest trading value of KWD 2.24 million.
Jiyad was the most active stock on which 9.75 million shares were exchanged, the stock went down 0.72%.
