By: Mohamed Farouk
Mubasher: The indices of Boursa Kuwait closed Sunday’s trading session with a mixed performance after the All-Share and Main markets index inched up 0.15% and 0.66%, respectively, while the Premier Market index shed 0.05%.
The consumer goods sector led gainers with 1.36%, while the oil and gas sector was the worst performer with 3.67%.
Some stocks saw profit-taking trend in the first session of the week, which in return dragged down the Premier Market index, capital market analyst Moustafa Al Jarhi told Mubasher.
From a technical perspective, the All-Share Market index grew for the third consecutive session, boosted by the mixed performance of the other two indices.
The analyst further noted that the All-Share Market index targets a resistance level of 5,800 points.
Specialities Group Holding’s stock topped risers with 9.02%, while the stock of Kuwait Finance and Investment (KFIC) was the worst performer with 14.38%.
Liquidity fell 3.8% to KWD 29.08 million, from KWD 30.23 million, while traded volume rose 4.3% to 187.82 million shares, compared to KWD 180.08 million in the session before.
The Gulf Bank of Kuwait’s (GBK) stock, which fell 0.31%, led the bourse in terms of trading value with KWD 6.38 million, while Aayan Leasing and Investment’s stock, which tumbled 2.12%, generated the highest traded volume with 27.34 million shares.
Translated by: Mohammad Hesham Azab
