KSE’s indices start week mixed

Kuwait-Mubasher: Kuwait Stock Exchange’s price index rose 0.07% or 3.67 points to close at 5,288.54 points on Sunday.

The weighted index declined 0.27% or 1 point to settle at 366.53 points. Similarly, KSX 15 index fell 0.33% or 2.86 points to close at 868.84 points.

KSE’s turnover grew 17.8% to KWD 10.78 million as trading volume increased 8.6% to 165.73 million shares.

The oil and gas sector topped the gainers by a 2.25% growth, backed by Al Safat Energy which rose by 9.52%.

Health care sector led the decliners by a decline of 2.13%, dragged down by Safwan which retreated 8.47%. Safwan’s board will hold a meeting on 24 March to discuss the voluntary withdrawal from the market.

Kuwait Cable was the top winner with a 10.2% increase, while Palms Agro headed the losers after dropping 8.93%.

Ithmaar Bank was the most active as 34.6 million shares were traded.

NBK stock recorded the highest turnover, gaining KWD 1.5 million. 

Mubasher Contribution Time: 13-Mar-2016 10:21 (GMT)