KSE end Wednesday in green

Kuwait – Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) inched up 0.04% or 2.35 points to reach 5,354.82 points.

Both the weighted and Kuwait-15 indices went up 0.57% and 1.08% respectively on the back of banks and financial services.

KSE’s trading value grew 14.6% to KWD 10.71 million, as trading volume increased 23.4% to 75.45 million shares.

The banks sector topped four gainers with 0.50%, backed by Ithmaar Bank which levelled up 2.9%.

The financial services gained 0.44%, in line with the 9.3% rise of Al Mal which was the top winner.

Meanwhile, the consumer services sector led five decliners with 0.5%. The real estate sector edged down 0.04%, dragged by Remal which lost 5.10% to top the losers.

Remal was the most active stock on which 12.8 million shares were exchanged through 314 transactions at a value of nearly KWD 630,050.

Zain recorded the highest turnover that totalled KWD 2.04 million, after 6.1 million shares were traded. The stock rose 1.5% to 340 fils.

 

Mubasher Contribution Time: 05-Oct-2016 10:56 (GMT)
Mubasher Last Update Time: 05-Oct-2016 10:56 (GMT)