Boursa Kuwait opens Wednesday higher on banks’ financials

Mubasher: The indices of Boursa Kuwait started Wednesday’s trading session with an increase, backed by the semi-annual disclosures of listed banks, namely the National Bank of Kuwait (NBK), Boubyan Bank, and the Gulf Bank of Kuwait (GBK).

By 9:30 am Kuwait local time, the indices of the All-Share Market, the Premier Market, and the Main Market added 0.09%, 0.03%, and 0.16%, respectively.

The banking segment topped the gainers with 0.11%, while the gas and oil sector led the decliners with 0.6%.

Real Estate Trade Centers (Marakez) was the top winner with 6.67%, while Kuwait Resorts led the losers with 10.2%.

Boursa Kuwait’s turnover amounted to KWD 13.3 million after 44.5 million shares were exchanged through 1,800 transactions.

Kuwait Finance House (KFH) posted the highest liquidity of KWD 3.86 million, the stock added 0.89%.

Al Imtiaz Investment was the most active stock on which 8.51 million shares were exchanged, the stock went down 1.37%.

Mubasher Contribution Time: 10-Jul-2019 06:56 (GMT)
Mubasher Last Update Time: 10-Jul-2019 07:00 (GMT)