By: Mohamed Farouk
Mubasher: The indices of Boursa Kuwait closed Monday’s trading session with a mixed performance after the All-Share and Main markets inched down 0.32% and 1.68%, respectively, while the Premier Market index rose 0.21%.
Liquidity jumped 17% to KWD 34.01 million on Monday, from KWD 29.08 million on Sunday, while traded volume increased by 2%, reaching 191.55 million shares, compared to 187.82 million in the previous session.
The bourse ended the second session of the week with a mixed note, compared to Sunday, capital market analyst Murad Al Damghi told Mubasher.
The Premier Market index rose by the end of Monday's session despite its negative performance yesterday, while the Main Market index and the All-Share Market index grew on Sunday and dropped on Monday, which highlights the mixed performance of the small and large stocks, Al Damghi added.
The analyst further noted that the Main Market bounced back on Monday after seeing profit-taking on medium and small stocks.
The technology sector led losers with 4.4%, while the industrials sector topped gainers with 1%.
Sanam Real Estate’s stock was the worst performer after dropping 10%, while the stock of Al Aman Investment was the best performer after soaring 24.2%.
The National Bank of Kuwait’s (NBK) stock, which inched down 0.33%, led the bourse in terms of trading value with KWD 7.08 million, while Securities House’s stock, which upped 11.62%, topped in terms of traded volume with 19.55 million shares.
Translated by: Mohammad Hesham Azab
