Boursa Kuwait rises in month, declines in Q2

By: Mohamad Farouk

Mubasher: The All-Share Market index of Boursa Kuwait increased by 3.27% or 155 points in June, similarly, the Main and Premier markets added 0.98% and 4.57%, respectively.

In June, liquidity of the stock exchange grew by 18.3% to KWD 242.11 million compared to KWD 204.75 million in May. The trading volume decreased by 15% to 1.02 billion shares from 1.2 billion in the previous month.

Boursa Kuwait’s market cap inclined by 3.2% on a monthly basis.

During the second quarter of 2018, the stock market registered a retreat as the All-Share went down 2.19% or 110 points to close the quarter at 4,890.44 points.

The Main Market index fell by 2.73% or 136.5 points to 4,863.51 points, similarly, the Premier Market index dropped 1.9% or 95.2 points to 4,904.82 points.

In Q2-18, Boursa Kuwait’s turnover totalled KWD 687.67 million after 3.56 billion shares were traded through about 165,800 transactions.

The market cap decreased by 2.5% to KWD 27.47 billion ($90.9 billion) in Q2-18 compared to the prior quarter.

MUBASHER Contribution Time: 28-Jun-2018 12:34 (GMT)
MUBASHER Last Update Time: 28-Jun-2018 12:34 (GMT)