Boursa Kuwait’s indices end Wednesday on collective rise

Mubasher: Boursa Kuwait’s indices closed Wednesday’s session on a collective rise, after the All-Share index grew 0.35% and the Main and Premier market indices added 0.2% and 0.43%, respectively.

The technology sector led gainers, surging 9.8%, while the basic materials sector headed decliners with 1.74%.

Ras Al Khaimah Co. for White Cement and Construction Materials topped risers with 20.6%, whereas IFA Hotels and Resorts led fallers and retreated 11.7%.

Boursa Kuwait’s liquidity shrank 8% to KWD 28 million on Wednesday, against KWD 30.43 million in the previous session, while trading volume fell 11.6% to 212.87 million shares, from 240.85 million on Tuesday.

Gulf Bank of Kuwait’s (GBK) stock, which jumped 4.81%, registered the highest trading value of KWD 7.82 million, while Abyaar Real Estate Development’s stock, down 2.63%, led the bourse in terms of trading volume with 37.17 million shares.

Mubasher Contribution Time: 30-Jan-2019 10:24 (GMT)
Mubasher Last Update Time: 30-Jan-2019 10:35 (GMT)