Kuwait – Mubasher: The indexes of Kuwait Stock Exchange (KSE) saw a volatile performance on Monday.
The benchmark index fell 0.16% or 8.73 points to reach 5,546.17 points. However, the weighted index and Kuwait 15 rose 0.82% and 1.22% respectively.
The banks sector topped gainers with a 1.05% rise, backed by Commercial Bank of Kuwait (CBK). The oil and gas sector went up 0.23% as National Petroleum Services (Napesco) was the only gainer after increasing 1.25%.
On the other hand, the telecom sector led losers after falling 0.68% as Telecom Hits slid 2.3%. The industrial sector decreased 0.10%, weighed down by seven stocks led by Gulf Franchising Holding (GFC) which tumbled 5.1%.
Turnover reached KWD 13.11 million on Monday, compared to KWD 11.58 million on Sunday. Trading volume stood at 153.16 million shares, compared to 111.11 million shares.
Abyaar Real Estate Development (Abyaar) was the most active stock after trading 25.18 million shares, while ZAIN Kuwait was the value leader after generating KWD 1.53 million.
