Boursa Kuwait records positive week amid higher market cap

Mubasher: The indices of Boursa Kuwait posted an increase during the first week of December in line with improving liquidity.

The All-Share index added 1.52% or 77.7 points to 5,186.9 points by the week ended on 6 December compared to 5,109.21 points in the previous week.

The All-Share index is expected to move in a positive way during the coming period after it has broken the level between 5,100 points and 5,105 points in line with the higher liquidity, capital market analyst Hassan Al Kandry told Mubasher.

The Premier Market gained 2.21% or 117.5 points to 5,186.9 points from 5,317.81 points in the past week.

Similarly, the Main Market went up 0.09% or 4.2 points to 4,734.24 points this week from 4,730 points.

Liquidity increased by 4.2% to KWD 103.83 million this week from KWD 99.63 million a week ago.

The trading volume shrank by 4% to 500.36 million shares from 521.11 million in the past week.

The number of transactions went down 1% to about 21,700 from around 21,680.

Market cap added 1.62% or KWD 470 million this week to reach KWD 29.53 billion from 29.06 billion.

MUBASHER Contribution Time: 06-Dec-2018 13:03 (GMT)
MUBASHER Last Update Time: 06-Dec-2018 13:03 (GMT)