KSE ends Sunday in red on 7 sectors

Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) ended Sunday's session down, on the back of seven sectors led by the real state.

The benchmark index shed 0.31% or 17.5 points to close at 5,651 points.

The weighted and Kuwait-15 indices went down by 0.11% and 0.05% respectively.

The real estate sector decreased 0.68%, affected by Mena Real Estate which lost 11.1%.

The banks sector retreated 0.27%, weighted by Burgan Bank which fell 1.64%.

On the other hand, the consumer services sector added 0.85%, backed by Kuwait Resorts and Alrai Media Group which increased 6.58% and 2.74%, respectively.

The oil and gas sector also levelled up 0.40%, supported by Contracting and Marine Services which grew 7.58%.

KSE’s liquidity shrank to KWD 7.90 million compared to KWD 12.55 million in the previous session, while trading volume also decreased by to 134.470 million shares from 151.83 million shares on Thursday.

Investors Holding Group was the most active in terms of traded volume and value, through trading 45.55 million shares at a value of KWD 1.1 million. The stock fell 8% to 23 Kuwaiti fils.

Mubasher Contribution Time: 18-Dec-2016 10:49 (GMT)
Mubasher Last Update Time: 18-Dec-2016 10:50 (GMT)