Boursa Kuwait indices open Tuesday in green zone

By: Mohamad Farouk

Mubasher: The benchmark price index of Boursa Kuwait started Tuesday’s trading session 0.15% or 9.5 points higher to reach 6,231.45 points.

By 9:22am Kuwait time, both the weighted and Kuwait-15 indices gained 0.34% and 0.44%, respectively.

The price index needs to break the level 6,250 points, with the weighted and Kuwait-15 indices being supported at 397.7 points and 908 points, respectively, capital market analyst Mohamed Al Anzi told Mubasher.

Al Anzi noted that the indices are witnessing a general progress in their performance.

The consumer goods segment topped gainers with 1.94%, backed by Americana which went up 9.7%.

Meanwhile, the basic materials sector led decliners with 0.57%, dragged by Kuwait Foundry which lost 3%.

Boursa Kuwait’s turnover amounted to KWD 2 million after 9.2 million shares were traded through 340 transactions.

Kuwait Finance House (KFH) recorded the highest liquidity of KWD 1.22 million, rising 0.88%.

Ithmaar was the most active stock on which 2.37 million shares were exchanged, up 1.28%.

MUBASHER Contribution Time: 05-Dec-2017 06:48 (GMT)
MUBASHER Last Update Time: 05-Dec-2017 10:52 (GMT)