Kuwait – Mubasher: The benchmark price index of Boursa Kuwait started early Monday 0.05% or 3.53 points lower reaching 6,657.17 points, whereas the weighted and Kuwait-15 indices edged up 0.01% and 0.09%, respectively.
By 9:27 am Kuwait time, the real estate sector inched up 0.93% as Real Estate Asset Management’s (REAM) stock surged 18.1%.
The banks sector rose 0.22% after the stocks of Gulf Bank of Kuwait (GBK), Ithmaar Bank, and the National Bank of Kuwait (NBK) went up 2.25%, 1.78%, and 0.38%, respectively.
On the other hand, the oil and gas sector dropped 2.5% as Independent Petroleum Group’s (IPG) stock retreated 7.9%.
Boursa Kuwait’s trading volume amounted to 29.8 million shares, through 725 transactions, generating KWD 4.6 million.
GBK’s stock led in terms of traded value with a liquidity of KWD 922,530, while National Investment Company’s (NIC) stock, up 1.68%, led in terms of trading volume after 7 million shares were exchanged.
