KSE’s indices see mixed performance in week

Kuwait – Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) saw a positive performance during the week ended 24 November, while both the weighted and Kuwait-15 indices were negative over the week.

The price index saw a weekly growth of 0.1% or 5.6 points to end the week at 5,517.38 points as compared to 5,511.74 points a week ago.

The weighted index lost 0.38% or 1.42 points in a week, and Kuwait-15 retreated by 0.9% or 8 points.

Over the week, KSE’s trading value shrank by 10.3% to KWD 72.41 million from KWD 80.71 million in the past week. 

Trading volume also dropped 10.3% to reach 644.58 million shares from 718.93 million in the previous week. Transactions stood at about 15,400 this week, 12.5% lower from around 17,600 a week ago.

Market cap levelled down by 0.35% or KWD 90 million ($294.72 million) to reach KWD 25.48 billion ($83.44 billion) during the week from KWD 25.57 billion ($83.73 billion).

 

Mubasher Contribution Time: 24-Nov-2016 14:35 (GMT)
Mubasher Last Update Time: 24-Nov-2016 14:35 (GMT)