Boursa Kuwait indices open Tuesday in green

Mubasher: The benchmark price index of Boursa Kuwait rose 0.07% or 4.6 points to reach 6,323.63 points, while the weighted and Kuwait-15 indices inched up 0.07% and 0.22%, respectively in Tuesday’s early trades.

By 9:47 am Kuwait time, the industrials sector edged up 0.55% as Mubarrad Transport’s stock surged 16.7%.

On the other hand, the telecommunications sector shed 0.4% after the stock of Mobile Telecommunications Company (ZAIN) decreased 0.65%.

Credit Rating and Collection’s (Tahssilat) stock topped Boursa Kuwait’s risers after growing 19.05%, whereas Coast Investment and Development’s stock led losers after dropping 6.1%.

The bourse’s trading volume amounted to 24.2 million shares, through 990 transactions, with a liquidity of KWD 5 million.

Kuwait Finance House’s (KFH) stock led in terms of traded value with a turnover of KWD 1.16 million, despite declining 0.36%, while Al Imtiaz Investment Group’s stock, up 1.3%, topped in terms of trading volume after 3.57 million shares were exchanged.

Mubasher Contribution Time: 07-Nov-2017 07:12 (GMT)
Mubasher Last Update Time: 07-Nov-2017 07:12 (GMT)