Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) rose by 0.46% or 24.5 points to close at 5,376.28 points on Wednesday, the first rise after four falling sessions in a row.
Both the weighted and KSX 15 indices went up 0.48% and 0.21% respectively, posting the first collective rise after a mixed performance that began in end-April.
Today’s liquidity increased by 41% to KWD 12.98 million, as trading volume moved 38% higher to 146.78 million shares.
The telecom sector topped the gainers with a rise of 2.44%, backed by Ooredoo stock which ticked 8.9% higher to top the winners.
The real estate sector led the losers after retreating 0.29%, dragged by Munshaat which lost 8%.
Kuwait Cable Vision was the worst stock as it slipped 9.62% to close at 23.5 fils. It saw one transaction on 293 shares worth KWD 7.
Gulf Petroleum Investment was the most active as 10.4 million shares were exchanged with a value of about KWD 452,400. The stock rose by 3.53%.
Mezzan recorded the highest liquidity which reached about KWD 827,400 as around 766,100 shares were traded. The stock settled at KWD 1.08.
