Boursa Kuwait ends year higher on Thursday

Mubasher: The indices of Boursa Kuwait closed Thursday, the last session of this week, in December, and in 2017, with a grouped increase, for the second day in a row.

The benchmark price index added 0.58% or 36.7 points to close at 6,408.01 points, the weighted index levelled up 0.18%, and the Kuwait-15 rose by 0.3%.

The real estate segment topped seven gainers with 1.67%, backed by Real Estate Asset Management (REAM) which grew by 19.8% to top the winners.

Meanwhile, consumer services companies led four decliners with 4.03%, dragged by IFA Hotels which lost 39.8% to be the top loser.

Boursa Kuwait’s turnover increased by 41.6% to KWD 10.07 million on Thursday from KWD 7.11 million in the previous session after the trading volume grew by 80.3% to 90.19 million shares from 50.01 million.

Zain posted the highest liquidity of KWD 1.41 million, while Investors was the most active stock on which 20.13 million shares were exchanged.

Mubasher Contribution Time: 28-Dec-2017 10:38 (GMT)
Mubasher Last Update Time: 28-Dec-2017 10:38 (GMT)