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.