Mubasher: Boursa Kuwait closed Sunday's session up, boosted by stocks of the banking sector.
The benchmark price index hiked 0.28%, or 17.63 points, to 6,214.13 points, while the weighted and Kuwait-15 indices edged up 0.34% and 0.59%, respectively.
By the end of the trades, six sectors surged, spearheaded by the consumer goods which added 1.4%. The banking sector advanced 0.9% after Warba Bank soared 4.7%.
Similarly, the financial service sector levelled up 0.68%, encouraged by Kuwait & Middle East Financial Investment Company's (KMEFIC) 11.6% rise, while the real estate index rose 0.52, led by United Real Estate Company (URC) which gained 10%.
On the flipside, four sectors dropped, headed by oil and gas which declined 2.5%, pressured by National Petroleum Services Company (NAPESCO)'s 3.5% fall.
The telecommunications sector dipped 1.7% after Ooredoo edged down 4.7%, shrugging off Zain Group's 0.9% increase.
Effect Real Estate Company topped the bourse gainers rising 17.5%, while the MAADEN topped the losers declining 18.7%.
On Sunday, Boursa Kuwait’s liquidity decreased 19.2% to KWD 12.19 million, compared to KWD15.09 million in Wednesday’s session, while the trading volume went down 14.4% to 63.71 million shares from 74.41 million shares in the last session.
Kuwait Finance House’s stock spearheaded the Boursa Kuwait in terms of liquidity with KWD 3.48 million, while the Investors sector topped the market in terms of trading volume with 8.38 million share, surging 1.14%.
