Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) lost 0.87% or 45.5 points to close at 5,163.8 points on Tuesday.
The weighted index fell 0.56% or 2 points to reach 354.72 points. Also, KSX 15 levelled 0.26% down to 840.02 points.
The index will continue its negative/bearish performance as long as it is below the 5,200 level, said technical analyst Amir Al- Mansour, adding that the gauge may slide further towards 5,040 points. He added that the Weighted Index targets 340 points.
Today’s turnover declined 36% to KWD 10.74 million as traded shares decreased 32.2% to 145.69 million shares after 3,504 transactions were closed.
KSE’s consumer service sector topped the gainers by adding 1.85%, while the financial services sector led the decliners with a decrease of 1.29%.
City Group was the top winner as it surged 12.2%, while Kuwait Cable led the losers after slumping 9.09%.
Kuwait Finance House (KFH) was the most active stock as 21.2 million shares were exchanged at KWD 682,800. The stock settled at 32 fils.
NBK recorded the highest turnover KWD 1.2 million, after 1.64 million shares were traded. The stock fell by 1.35%.
