By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait started Monday’s trading session with a mixed performance; the price index lost 0.06% or 3.8 points to reach 6,667.79 points, while both the weighted and Kuwait-15 indices edged up 0.22% and 0.29%, respectively.
The performance of the three indices is positive in general; the benchmark price index targets 6,721 points, with support levels at 6,640 points and 6,600 points, capital market analyst Mohamad Al Anzi told Mubasher.
He clarified that the market’s liquidity is expected to range from KWD 25 million to KWD 28 million by the end of Monday’s session.
By 9:38am Kuwait time, the banks segment went up 0.2%, backed by Gulf Bank of Kuwait (GBK) which rose by 2.5%.
Meanwhile, the consumer services sector led decliners with a fall of 0.62%, dragged by Jiyad Holding Co which lost 3.9%.
Specialities Group Holding was the top winner with a rise of 6.07% in line with electing new board members, while Tamkeen Holding Co. led losers with a drop of 8.6%.
Boursa Kuwait’s turnover amounted to KWD 7.5 million after 33.03 million shares were exchanged through 645 transactions.
GBK was the most active stock on which 20.6 million shares were traded through 88 deals at a value of KWD 5.07 million.
