KSE indices close on positive note

Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) indices advanced collectively on Wednesday on the rise of nine sectors topped by the financial and banking ones.

The benchmark price index added 0.6% or 31.64 points to close at 5,315.23 points, while the weighted index went up 0.48%. Similarly, KSE15 index gained 0.42%.

At the sectorial level, the banking sector gained 0.91%, while the real estate sector gained 0.81%.

On the other side, each of the basic materials sector and insurance sector were the only decliners.

The market trading volume surged 76% to 95.6 million shares, while the trading values climbed 6.2% to KWD 10.3 million.

Al Imtiaz Investment was the top performer as it went up by 8.2% to 33 Kuwaiti fils with 12, 000 shares changed hands worth KWD 396,000.

On the flip side, Tamdeen Investment was the worst performer as it lost 8.33% to 275 Kuwaiti fils with only 6 stocks changed hands worth KWD 1,600 

Mubasher Contribution Time: 19-Oct-2016 10:56 (GMT)
Mubasher Last Update Time: 19-Oct-2016 10:56 (GMT)