KSE opens in green, bolstered by oil rally

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) started Sunday’s trading session in green, in line with the recovery of both oil prices and global markets.

The index rose by 1.2% to regain the 5,000 level, after 128 million shares were traded with a liquidity of KWD 8.5 million.

Al Dar National Real Estate topped the winners by a growth of 12.2% to settle at 23 fils, while Kuwait Finance and Investment led the losers by a drop of 7.35% to reach 31.5 fils.

Oil prices leaped 10% to reach $32.2 per barrel on Friday.

 

Mubasher Contribution Time: 24-Jan-2016 06:57 (GMT)