KSE’s indices close in red zone

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) fell by 0.5% or 26.79 points to settle at 5,289.68 points on Monday.

The weighted index closed at 363.24 points after losing 0.81%, in line with the KSX 15 which retreated by 1% or 8 points to reach 858.27 points.

KSE’s trading value declined by 8.7% to KWD 11.3 million, while trading volume grew 5.2% to 176.88 million shares.

The telecom sector led the decliners by losing 1.86%, dragged by Ooredoo which fell 3.64%.

Meanwhile, the health care sector topped the gainers after adding 0.74%, backed by Yiaco Medical which rose by 5%.

Marakez was the strongest equity as it went 6.4% higher, while Ikarus, the day’s steepest decliner, lost 8.6%.

Invetsors was the most active as 30.5 million shares were exchanged with a value of about KWD 702,100. The stock fell by 2.17%.

NBK recorded the highest liquidity that stood at 2.15 million shares. The stock fell by 2.94%. 

Mubasher Contribution Time: 18-Apr-2016 11:31 (GMT)
Mubasher Last Update Time: 18-Apr-2016 11:42 (GMT)