By: Mohamad Farouk
Mubasher: The price index of Boursa Kuwait on Monday retreated by 0.53% or 37 points to reach 6,877.31 points.
The benchmark index is facing resistance at 6,912 points, and is targeting 6,936, 6,940, and 6,984 points, respectively, capital market analyst Nawaf Al Oun told Mubasher.
He noted that the main index will see support at 6,885 points.
Both the weighted and Kuwait-15 indices went down 0.27% and 0.53%, respectively.
By 9:27 am Kuwait time, the industrial segment led four decliners with 1.54%, dragged by Human Soft which lost 3.8%.
Meanwhile, the banks sector topped five gainers, edging up 0.06%, backed by Boubyan Bank which rose by 0.69%.
Boursa Kuwait’s turnover amounted to nearly KWD 595,000 after 5.7 million shares were exchanged through 280 transactions.
Al Imtiaz was the most active stock on which around 835,000 shares were exchanged at a value of nearly KWD 143,620.
