KSE benchmark ends nearly flat amid less liquidity

Kuwait-Mubasher: The benchmark index of Kuwait’s stock market ended Tuesday’s trading session at 5,201.63 points as compared to 5,201.86 on Monday.

Meanwhile, the weighted and KSX 15 indices rose by 0.18% and 0.4% respectively.

Today’s trading value declined by 16% to KWD 9.57 million, as trading volume decreased by 31% to 123.46 million shares.

The technology sector topped the gainers by adding 2.83%, backed by Osos which rose by 5.15% to 102 fils.

Meanwhile, the basic materials sector headed the decliners by a drop of 2.19%, dragged by Boubyan Petrochemical which fell by 3.85%.

Kuwait Cable topped the winners by a 10.42% growth, while Al Deera Holding, leading the losers, shed 7.14%.

Ithmaar Bank was the most active as 19 million shares were traded with a value of about KWD 732,700. The stock gained 1.3%.

Boubyan Bank recorded the highest liquidity that reached KWD 1.24 million, after 3.19 million shares were exchanged. However, the stock fell by 1.27%. 

MUBASHER Contribution Time: 05-Apr-2016 09:55 (GMT)