By: Mohammad Farouk
Mubasher: The Boursa Kuwait’s indices went down during the first week of October, as liquidity declined significantly, compared to the previous week.
The All-Share Market index lost 76.87 points, or 1.35%, to 5,712.52 points, while the Premier Market and Main Market indices decreased by 103.94 points and 21 points, respectively.
Trading volume stood at 430.04 million shares over the week, while liquidity hit KWD 75.25 million.
Generally, the recent losses in markets are corrections of the sharp declines took place during the last two weeks, amid a drop in liquidity, which gives us some hope, technical analyst Hassan Al-Kandari told Mubasher.
Translated by: Muhammad Abdul-Wakeel
