Kuwait - Mubasher: The Kuwait Stock Exchange (KSE) ended Tuesday’s trading session in the green zone, on the back of the real estate sector.
The price index gained 0.27% or 14.8 points closing at the level of 5507.05 points, while the weighted index and Kuwait15 added 0.11% and 0.4% respectively.
Total traded value declined 33% to KWD 7.13 million from KWD 10.63 million on Monday.
Similarly, total traded volume decreased 34.2% to 62.2 million shares, compared to 94.52 million shares in the last session.
A total of six sectors declined today, led by the telecom sector which lost 1.1% as Ooredoo fell 5.45%.
Oil and gas went down 0.74%, as Ikarus dropped 6.85 and led the session’s losers.
The banking sector also decreased 0.15, as CBK, Ithmaar Bank, and Boubyan Bank shrank 4.11%, 1.32%, and 1.28% respectively.
On the other hand, five sectors rose on Tuesday, with the real estate sector in the lead, adding 0.64% on the back of the majority of its stocks.
National Real Estate (NRE) was the most active in terms of traded volume with 4.7 million shares traded through 77 transactions, while Boubyan Bank registered the highest turnover with KWD 1.4 million, reaching its highest level in two months, and amounting for 20% of total traded value.
