Kuwait-Mubasher: Kuwait Stock Exchange’s (KSE) price index fell by 0.93% or 52.87 points to close at 5,633.28 points on Sunday. The index posted its lowest level in the past three years.
The weighted index retreated 0.29% or 1.11 points to reach 384.89 points.
Meanwhile, the Kuwait-15 index gained 0.16% or 1.45 points to approach 916.25 points.
Oil prices fell to below $40 per barrel, affecting the investors’ sentiments, said capital market analyst AbdulAziz Al-Hubail.
Turnover dropped 36.5% to KWD 10.07 million, as trading volume decreased by 27.7% to 90.98 million shares which were traded through 2,762 transactions.
Basic resources sector led the decliners by 1.9%, while health care sector topped the gainers by 0.77%.
Burgan for Will Drilling headed the losers by 8.33% to 110 fils.
Al Dar National Real Estate was the most active stock on which 9.58 million shares were traded. However, the stock fell by 6.78%.
Viva recorded the highest turnover of KWD 1.68 million, in line with STC’s announcement of the CMA’s approval on the voluntary acquisition proposal.
