By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Thursday in decrease, as the All-Share, Main, and Premier markets went down 0.84%, 0.29%, and 1.1%, respectively.
Thursday’s closing reached the support levels that will lead to a further decline to 5,065 points for the All-Share Market, while the Premier and Main markets are forecast to fall to 5,260 points and 4,690 points, respectively, capital market analyst Nawaf Al Oun told Mubasher.
The consumer goods segment led nine decliners with 4.7%, while the insurance and technology sectors were the only gainers with 0.17% and 4.55%, respectively.
Shuaiba Industrial was the top loser with 10%, while Al Eid Food headed the winners with 10%.
Boursa Kuwait’s turnover leaped 378.6% to KWD 158.84 million on Thursday compared to KWD 33.19 million on Wednesday, after the trading volume grew by 186.6% to 325.74 million shares from 113.67 million.
NBK was the most active stock on which 61.46 million shares were exchanged at a value of KWD 51.12 million, the stock fell 1.19% to 830 fils.
