Boursa Kuwait opens Wednesday in decline

Mubasher: The indices of Boursa Kuwait started Wednesday’s trading session in the red zone in line with the fall of seven segments led by banks.

By 9:50am Kuwait time, the benchmark price index retreated 0.42% or 26.19 points to reach 6,187.93 points.

Both the weighted and Kuwait-15 indices lost 0.62% and 0.81%, respectively.

Boursa Kuwait’s turnover amounted to KWD 5.3 million after 20.8 million shares were exchanged through 1,000 transactions.

The banks segment led seven decliners with 1.15%, dragged by the National Bank of Kuwait (NBK) which lost 4.37%.

The oil and gas sector went down 0.3%, in line with the 3% decline of PetroGulf.

Meanwhile, the real estate segment topped three gainers with 0.27%, backed by First Dubai which gained 11.25% to be the top winner.

Kuwait Finance House (KFH) was the most active stock on which 4.05 million shares were traded at a value of KWD 2.26 million, falling 1.06%.

Mubasher Contribution Time: 06-Dec-2017 07:19 (GMT)
Mubasher Last Update Time: 06-Dec-2017 07:19 (GMT)