Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) were in red at the opening of Tuesday’s session, dragged by the fall of eight sectors led by telecom and banks.
KSE’s price index levelled down 0.14% or 7.8 points to reach 5,461.79 points by 9:35am Kuwait time.
The weighted index retreated by 0.45% or 5.55 points to 350.61 points, while Kuwait-15 index edged down 0.6% or 5.3 points to approach 812.63 points.
KSE’s liquidity amounted to about KWD 686,520 after 4.8 million shares were traded through 240 transactions.
The telecom sector led eight decliners by 0.8%, dragged by Zain which fell by 1.5%. The banks sector also dropped 0.48%, as six banks were down headed by Boubyan which lost 1.3%.
Meanwhile, the consumer services and technology sectors were the only gainers by a rise of 0.36% and 0.23% respectively.
Logistics was the most active stock on which around 878,110 shares were exchanged, with the stock rising 3.03%.
NBK recorded the highest liquidity that stood at about KWD 200,040. The stock reached 600 fils.
