Kuwait-Mubasher: The price index of Kuwait’s stock market started Sunday in green by rising 0.46% or 23.85 points to settle at 5,198.54 points at 10 am Kuwait time.
The weighted index edged 0.03% or 0.09 points up to 356.46 points. Meanwhile, KSX 15 index retreated 0.02% or 0.19 points to reach 838 points.
KSE’s benchmark index is expected to target 5216, 5325, and 5375 points respectively, after the index exceeded the resistance level of 5,184 points, said capital market analyst Nawaf Al-Oun.
He added that the current support level is 5,177 points which will lead to 5,154 points.
Trading value reached KWD 2.14 million, after trading volume stood at 53.75 million shares which were traded through 1,143 transactions.
Al-Oun expected the benchmark index to maintain its level above 5,184 points amid rising liquidity.
The technology sector topped the gainers by a growth of 1.59%, while the health care sector led the decliners by a 0.71% drop.
Khaleeji Commercial Bank topped the winner by a rise of 9.52%, while Yiaco Medical led the losers by a retreat of 4.39%.
