Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) rose by 0.05% or 2.6 points to end Wednesday’s session at 5,330.78 points.
Similarly, the weighted index leveled up 0.08% or 0.28 points to close at 364.76 points. The KSX 15 gained 0.11% to reach 861.35 points.
KSE’s liquidity grew to KWD 15.8 million as 225.14 million shares were exchanged.
More liquidity is needed to help prices make new leaps, said technical analyst Jarrah Al-Hindi. He added the price index has targets at 5450, 5600, and 6200 points, and support levels at 5,290 and 5,264 points.
Penny stocks were the most active in terms of volume and value, the analyst added.
Most sectors closed in the green zone, while the real estate sector ranked the second gainer by a rise of 0.48%.
Sukuk was the most active s 28 million shares were traded, with a value of KWD 1.08 million. The stock rose by 2.67%.
NBK recorded the highest liquidity which amounted to KWD 1.42 million, as 2.15 million shares were exchanged. The stock settled at 670 fils.
