KSE closes mixed amid higher liquidity

Kuwait – Mubasher: The price index of Kuwait Stock Exchange (KSE) ended Sunday’s session edging down 0.01% or 0.77 points to close at 5,498.95 points.

Meanwhile, the weighted index gained 0.06%, while Kuwait-15 closed unchanged.

KSE’s liquidity increased by 36.4% to KWD 8.07 million, while trading volume grew by 73.5% to 82.35 million shares.

The basic materials sector led six decliners by a fall of 2.31%, dragged by Al Kout which lost 7.14%.

The insurance sector topped five gainers by a rise of 1.7%, backed by Warba which levelled up 7.55%.

AL Salam Group was the most active stock on which 9.5 million shares were traded through 217 transactions at a value worth about KWD 492,900. The stock rose by 2%.

Zain recorded the highest liquidity that reached KWD 2.8 million, after 131 transactions were exchanged through 8.3 million shares. The stock was up by 1.5%.

 

Mubasher Contribution Time: 14-Aug-2016 11:06 (GMT)
Mubasher Last Update Time: 14-Aug-2016 11:06 (GMT)