By: Mohamed Farouk
Mubasher: The indices of Boursa Kuwait closed Sunday’s trading session on a mixed note after the All-Share Market index inched down 0.87%, the Premier Market index tumbled 1.35%, whereas the Main Market index rose by 0.39%.
The liquidity increased by 1.2% to KWD 14.97 million on Sunday from KWD 14.79 million in the prior session, whereas the trading volume slid 25.1% to total 92.66 million shares, compared to 123.78 million.
Despite the developments inaugurated in the stock market on Sunday, Boursa Kuwait has been witnessing a negative performance on the technical level, capital market analyst Nasser Al Khamis told Mubasher.
The Premier Market index needs to exceed 6,116 points and remain above that level, Al Khamis added.
The banking sector led the losers with 1.3%, whereas the technology sector topped the gainers with 10%.
Kuwait Portland Cement was the worst performer with 6.2%, while International Resorts Company led the winners with 20.43%.
Kuwait Finance House (KFH), which fell 1.33%, generated the highest liquidity of KWD 3.21 million, while Investors Holding Group, which dropped 4.27%, led in terms of trading volume after 19.06 million shares were exchanged.
Translated by: Mohammad Hesham Azab
