By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Wednesday’s session with a massive increase, as the All-Share, Main, and Premier markets added 0.18%, 0.13, and 0.2%, respectively.
The consumer goods segment topped eight gainers with 2.9%, while the telecom and financial services sectors were the only decliners with a fall of 0.25% and 0.11%, respectively.
Mashaer Holding headed the winners with 14.6%, while Al Mal led the losers with 6.8%.
Boursa Kuwait’s turnover grew by 9.2% to KWD 33.19 million on Wednesday from KWD 30.39 million in the previous session after the trading volume decreased by 6.3% to 113.67 million shares from 121.33 million.
NBK posted the highest liquidity of KWD 7.73 million, down 0.24%.
Zain was the most active stock on which 13.58 million shares were traded, the stock retreated 0.65%.
Wednesday’s session reflects the performance of Boursa Kuwait as investors anticipating the second promotion of the stock exchange in FTSE emerging markets index, capital market analyst Badar Al Badr told Mubasher.
