KSE’s indices open in red zone

Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) edged 0.03% or 1.36 points lower to settle at 5,113.16 points an hour from after Monday’s trading session started.

The weighted index also fell 0.3% or 1.07 points to approach 352.36 points, and Kuwait-15 index retreated 0.23% or 1.88 points to reach 827.92 points.

The benchmark index is projected to hold steady above 5,097 and, if successful, will target 5,195 points on Monday, said capital market analyst Nawaf Al-Oun.

The trading value stood at KWD 5.71 million after 88 million shares were exchanged through nearly 2,055 transactions.

Burgan for Well Drilling topped the winners by adding 10% to reach 110 fils, while Remal led the losers with a 6% fall fall to 31.5 fils.

Al Dar National Real Estate was the most active stock as 7.71 million shares were exchanged. KFH recorded the highest liquidity of about KWD 670,000.

MUBASHER Contribution Time: 01-Feb-2016 07:23 (GMT)