By: Mohammad Farouk
Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) posted negative performance in the first nine months of 2016; the price index dropped 3.86% as compared to the same period in 2015.
Similarly, both the weighted and Kuwait-15 indices retreated 7.82% and 9.59% respectively.
During the first nine months this year, 63 sessions existed of which 63 were in the first quarter, 64 in the second quarter, and 57 in the third quarter.
KSE’s liquidity reached KWD 1.95 billion in the nine months, as 22 billion shares were traded through nearly 517,400 transactions.
Market cap lost 7% or about KWD 1.833 billion as compared to the same period in 2015 when it totalled around KWD 26.159 billion.
