Kuwait – Mubasher: The price index of Kuwait Stock Exchange (KSE) broke above the level of 5,400 points after rising 1.16% or 62.67 points to the level of 5,457.51 points, compared to 5,394.84 points on Thursday.
The weighted and Kuwait-15 indices also advanced by 1.8% and 1.95% respectively.
The basic material sector was the best performer after rising 2.35%, backed by Boubyan Petrochemical and Al Kout Industrial Projects which grew by 2% and 3.17% respectively.
The real estate and banks sectors also leapt by 2.19% and 1.53% respectively.
Trading volume increased by 38.6% to 131.7 million shares from 95 million shares exchanged on Thursday, turnover also rose 0.38% to KWD 17.2 million from KWD 10.6 million.
Real Estate Asset Management (REAM) led the green list with a growth of 13.7% to 166 fils, while Kuwait Cable Vision topped losers after falling 8%.
National Industries Group Holding was the most active stock with a trading volume of 13.34 million shares, whereas NBK made the highest liquidity of KWD 5 million.
