KSE’s indices see positive performance at open

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) started Thursday’s trading session with a rise of 0.16% or 8.15 points to settle at 5,238.06 points at 10 am Kuwait time.

The price index has a support level at 5,200 points, said technical analyst Ibrahim Al-Filkawy.

Similarly, the weighted index grew 0.17% or 0.61 points to reach 361.69 points. KSX 15 index levelled up 0.2% or 1.69 points to 854.9 points.

The market’s liquidity stood at KWD 4.7 million, as 60.3 million shares were exchanged through 1,300 transactions.

Al Salam Group Holding was the top winner by a rise of 5.97%, while AL Safat Energy led the losers by a 4.17% decline.

Zima Holding was the most active as 9.13 million shares were traded, with a value of about KWD 563,000. However, the stock fell by 3.23%.

Zain stock recorded the highest turnover which stood at nearly KWD 750,000 after 1.97 million shares were exchanged. The stock gained 1.33%. 

MUBASHER Contribution Time: 17-Mar-2016 07:03 (GMT)