By: Mohammed Farouk
Mubasher: The indices of Boursa Kuwait opened Sunday’s trading session in red territory, as the All-Share, Premier, and Main markets slipped 0.06%, 0.03%, and 0.1%, respectively.
The All-Share index is moving upwardly in the short-term over the coming period, technical analyst Hassan Al-Kandari told Mubasher.
The index has been able of breaking 5,097 points amid heavy liquidity, Al-Kandari highlighted.
The index has resistance at 5,110 points and may break 5,097 points to target 5,161 and 5,220 points, passing by resistance levels of 5,198 and 5,285 points, he indicated.
By 9:20 am Kuwait time, the commodities sector topped losers with 0.7%, while the consumer services sector headed gainers with 0.13%.
Kuwait Finance House (KFH), down 0.17%, was the most active stock, with a turnover of KWD 1.27 million, whereas Kuwait Real Estate, up 2.78%, led in terms of trading volume with 4.8 million shares.
