Boursa Kuwait needs higher liquidity Monday – Analyst

By: Mohamed Farouk
Mubasher:
The performance of Boursa Kuwait on Monday and Tuesday will need higher turnover and trading volume to give a positive boost to the indices, technical capital market analyst Nawaf Al-Oun said. 

He noted that if the price index remains above the 6,816-point level, this will lead to a target level of 6,895 and 7,091 points, respectively.

The main index’s current support lies at 6,785 points, 6,766 points, and 6,740 points, respectively, representing the market’s short-term temporary support levels, Al-Oun noted.

The banks, real estate, and services segments are expected to post key movements in the coming period, the analyst added.

 

MUBASHER Contribution Time: 17-Jul-2017 06:39 (GMT)
MUBASHER Last Update Time: 17-Jul-2017 06:39 (GMT)