KSE’s main index rises despite weakening oil prices

Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) ended Wednesday’s trading session in the green zone, despite falling oil prices.

The main index levelled up 0.22% or 11.32 points to close at 5,146.28 points.

Meanwhile, the weighted index fell by 0.26% or 0.93 points to 352.11 points. Also, KSX 15 index retreated 0.57% or 4.73 points to 831.30 points.

Today’s trading value declined 22.9% to KWD 7.66 million, after trading volume decreased by 9.8% to 128.91 million shares.

Six sectors ended the day up, led by health care which grew 2.36%. Meanwhile, the consumer goods sector declined by 1%.

Nafais Holding was the top winner by 13.33% growth, while Sultan stock led the losers by 7.81% decrease.

Al Dar National Real Estate was the most active stock as 24.77 million shares were traded.

Mabanee Company recorded the highest turnover of about KWD 798,000.   

 

Mubasher Contribution Time: 17-Feb-2016 10:30 (GMT)