Kuwait-Mubasher: The price index of the Kuwaiti bourse lost 0.78% or 38.94 points on Thursday to close at 4,946.33 points, its lowest level since May 2004.
The weighted index declined 1.30% or 4.36 points to reach 330.24 points and Kuwait-15 fell by 1.16% or 9.02 points to 767.74 points.
Today’s liquidity declined 30.38% to KWD 9.44 million, while the trading volume increased 24.97% to 116.25 million shares.
KFH stock is expected to target 250 fils during 2016, as long as it does not break the main resistance level at 525 fils, said capital market analyst Ibrahim Al-Filkawy. He noted that NBK’s resistance level lies at 775 fils.
The banks and financial services sectors headed the decliners as they decreased 2.42% and 1.86% respectively, and the industrial sector topped the gainers by adding 0.57%.
Al Dar national Real Estate was the top winner after closing 13.89% up, while Burgan for Will Drilling led the losers with a decline of 14.29%.
Al Dar was the most active stock as 21.17 million shares were traded with a value of about KWD 413,110.
KFH recorded the highest turnover as it generated KWD 1.29 million through 2.9 million traded shares.
