Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) ended Monday’s session at 5,372.49 points, losing 0.57% or 31 points.
Meanwhile, both the weighted and Kuwait-15 indices gained 0.1% and 0.46% respectively.
Today’s liquidity decreased 26.9% to KWD 11.1 million, as trading volume shrank by 15.7% to 117.55 million shares. The turnover posted the lowest level in two months.
The market is still positive, as the benchmark index has support at 5,360 points, while its resistance is at 5,400 points, technical analyst Bader Al-Otaibi said, expecting the market’s performance to improve in the coming two weeks amid financials’ announcements.
Basic materials and consumer good s sectors were in the green zone by 3.77% and 0.83% respectively.
The technology sector led the decliners by 2.15% fall, dragged by automated systems which lost 7.1%.
Boubyan Petrochemical topped the winners by a rise of 7.84%, while Al Dar National real Estate led the losers by a 10% drop.
Sukuk was the most active stock on which 17.49 million shares were traded with a value worth about KWD 693,340. The stock retreated 6.1%.
KFH recorded the highest liquidity which stood at about KWD 932,500 as 1.92 million shares were exchanged. The stock settled at 485 fils.
