KSE’s indices decline collectively at close

Kuwait – Mubasher: The Kuwait Stock Exchange closed Monday in the red zone, affected by a decline in most of its sectors topped by the financial services.

The price index fell 0.25% or 13.66 points to the level of 5,358.72 points, the weighted index decreased 0.39% and the KSX-15 index plummeted 0.55% at close.

Trading volume increased 8.7% to 174.67 million shares, while turnover decreased 8.2% to KW@D 11.62 million.

The technology sector declined 2.52% as Automated Systems fell 7.35%.

The telecom sector, however, grew 0.5% as Ooredoo advanced 1.9%.

Ithmaar Bank was the largest-traded stock with a volume of 17.47 million shares exchanged at KWD 688,900, shrinking 4.9%.

Meanwhile, Zain made the highest liquidity of KWD 2.08 million through exchanging 5.83 million shares.

The price index closed yesterday with a rise of 0.48%.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 25-Apr-2016 11:51 (GMT)
Mubasher Last Update Time: 25-Apr-2016 11:51 (GMT)