Mubasher: The All-Share Index of Boursa Kuwait closed Monday’s session up by 0.98% or 56.69 points, closing at the level of 5,859.64 points, while the main and premier indices inched up by 0.08% and 1.3%, respectively.
The bourse’s turnover jumped to KWD 39.66 million, increasing by 133.3% compared with yesterday and registering its second-highest level in a month, while trading volumes increased by 31.3% to 211.26 million shares.
The banks sector was top riser with 1.32%, while oil and gas sector was the biggest faller, losing 1.36%.
Manazel Holding came on top of the session's gainers, adding 13.41%, while Al Masaken International Real Estate Development led the losers with, dropping 31.28%.
The National Bank of Kuwait (NBK) saw the highest turnover of KWD 7.69 million, the stock was up 2.75%, while Gulf Petroleum Investment (PetroGulf) led the trading activity through 36.29 million shares.
The Premier Market Index is forecast to reach the level of 6,500 points if it continued its upward movement, while is likely to face the downward resistance trend at the levels of 6,450 points and 6,460 points, respectively, capital market analyst, Ibrahim Al Failakawi, told Mubasher.
