Kuwait – Mubasher: The indices of the Kuwaiti bourse ended Wednesday’s trading session in the green zone, after the price index recorded its sixth rise in a row in line with the increase of nine sectors.
The benchmark index gained 0.27% or 14.7 points to reach 5,403.70 points which is the highest level in almost a month. Both the weighted and Kuwait-15 indices rose 1.15% and 1.69% respectively.
Kuwait Stock Exchange’s (KSE) liquidity increased 9.4% to KWD 33.92 million, while trading volume shrank 5.7% to 167.98 million shares.
The telecom sector topped nine gainers with 3%, on the back of Zain.
The banks sector also levelled up 0.53%, endorsed by NBK which gained 3.4%.
Meanwhile, the basic materials as well as the oil and gas sectors were the only decliners with 0.67% and 0.06% respectively.
Future kid Entertainment was the top winner with a rise of 8.2%, while Gulf Glass headed the losers with a drop of 7.14%.
Zain was the most active stock on which 25 million shares were traded in line with posting the highest turnover of KWD 1.73 million. The stock gained 2.44% to reach 240 fils.
