KSE closes in red as 8 sectors fall

Kuwait-Mubasher: The indices of Kuwait Stock Exchange (KSE) retreated by the end of Wednesday’s session.

The price index fell by 0.52% or 29 points to close at 5,409.17 points; the weighted index dropped 0.6% or 2.15 points to reach 354.27 points; Kuwait-15 index lost 0.7% or 5.77 points to 815.07 points.

KSE’s liquidity shrank by 11.5% to KWD 10.54 million, as trading volume decreased by 34% to 53.06 million shares.

The technology sector headed eight decliners by 2.5%, pushing the bourse into the red zone.

Meanwhile, the consumer goods sector topped three gainers by 1.34%.

Ajwan was the top winner by 9.6%, while Egypt Kuwait Holding led the losers by 8.33%.

Coast Investment and Development was the most active stock on which 6 million shares were traded.

Americana recorded the highest liquidity that stood at KWD 3.5 million.

 

Mubasher Contribution Time: 22-Jun-2016 11:22 (GMT)
Mubasher Last Update Time: 22-Jun-2016 11:22 (GMT)