By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Tuesday’s trading session with a mixed performance, as the All-Share and Premier markets went up 0.49% and 0.79%, respectively, while the Main Market retreated 0.12%.
New foreign liquidity is expected to enter Boursa Kuwait with the possibility of listing new companies on the FTSE Index, deputy head of the investment research unit at KAMCO Raed Diab told Mubasher.
The All-Share Market is facing resistance near the level of 5,135 points, the analyst added.
The technology sector topped nine gainers with 9.6%, while the consumer services segment led three decliners with 4.4%.
Automated Systems was the top winner with 9.6%, while IFA Hotels led the losers with nearly 36%.
Boursa Kuwait’s turnover jumped by 74.1% to KWD 22.54 million on Tuesday from KWD 12.95 million in the prior session after the trading volume grew by 52.2% to 105.6 million shares from 69.27 million.
Kuwait Finance House (KFH) posted the highest trading value of KWD 5.54 million, up 1.33%.
Aayan Leasing was the most active stock on which 18.86 million shares were exchanged, the stock went down 3%.