Mubasher: The Kuwaiti indices fell at Wednesday’s close for the first time during the week, reversing its positive performance registered earlier today.
The All-Share and Premier market indices settled down by 1.29% and 1.76%, respectively, while the Main and BK 50 indices went down by 0.05% and 0.14%, respectively.
In the meantime, the market’s turnover narrowed by 32.9% to stand at KWD 37.15 million from KWD 55.37 million a day earlier. The trading volume amounted to 135.37 million shares, down by 30.7% from 195.25 million.
The banks segment came on top of seven decliners with 2.02%, whereas the telecom and the basic materials sectors rose by 0.3% and 0.35%, respectively.
Gulf Bank of Kuwait (GBK) headed the falling stocks with 7.34%, whereas Tamdeen Real Estate Co led the rising stocks with 7.14%.
Kuwait Finance House (KFH), down by around 2%, posted the highest turnover of KWD 8.92 million.
Ahli United Bank – Bahrain (AUB Bahrain) led the trading activity through the exchange of 27.83 million shares, the stock closed down 0.51%.