Boursa Kuwait rises on Wednesday for 1st time in week

Mubasher: The indices of Boursa Kuwait on Wednesday registered the first grouped increase during the week; the price index edged up 0.03% or 1.9 points to 6,371.29 points, the weighted index added 0.28%, and the Kuwait-15 index rose 0.42%.

Telecom companies topped seven gainers with 5.4%, backed by Viva and Zain which added 9.7% and 1%, respectively.

Meanwhile, the oil and gas sector led four decliners with 1.09%, dragged by IPG and PetroGulf which lost 3.81% and 3.01%, respectively.

Boursa Kuwait’s turnover declined by 13.9% to KWD 7.11 million on Wednesday compared to KWD 8.26 million on Tuesday after the trading volume decreased by 27% to 50.01 million shares from 68.53 million.

Kuwait Finance House (KFH) posted the highest liquidity of KWD 1.12 million.

Jiyad was the most active stock on which 6.85 million shares were exchanged. 

Mubasher Contribution Time: 27-Dec-2017 10:58 (GMT)
Mubasher Last Update Time: 27-Dec-2017 10:58 (GMT)