By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading session with a massive decrease, as the All-Share, Main, and Premier indices retreated by 0.32%, 0.15%, and 0.42%, respectively.
The basic materials segment led five decliners with 0.72%, while the insurance sector topped four gainers with 0.62%.
National Cleaning was the top loser with 7%, while Kuwait and Middle East Financial Investment (KMEFIC) headed the gainers with 10%.
Boursa Kuwait’s turnover shrank by 18.7% to KWD 15.62 million on Thursday compared to KWD 19.21 million on Wednesday after the trading volume decreased by 21.6% to 71.6 million shares from 91.34 million.
Kuwait Finance House (KFH) posted the highest liquidity of KWD 3.64 million, the stock went down 0.925%.
Gulf Bank of Kuwait (GBK) was the most active stock on which 8.24 million shares were traded, the stock retreated 2.07%.