KSE’s price index opens on negative note

Kuwait – Mubasher: The price index of Kuwait Stock Exchange (KSE) declined in Sunday’s early trading by 0.02% or 1.22 point to the level of 5,322.83 points, compared to 5,324.05 points on Thursday.

Meanwhile, the weighted index rose 0.04% to 356.85 points, versus 356.71 points on Thursday, and the Kuwait-15 grew 0.09%.

Turnover reached KWD 1.5 million as 29 million shares were exchanged through 583 trades.

The technology was the best performing sector after increasing 0.25%, while the industrials was the worst with a 0.62% decrease.

Safwan Trading and Contracting topped the green list with a growth of 7.4%, while Kuwait National Cinema headed the red list after dropping 9.09%.

Hits Telecom Holding was the most active stock with a trading volume of 7.02 million shares exchanged at KWD 238,081.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 22-May-2016 07:33 (GMT)
Mubasher Last Update Time: 22-May-2016 07:33 (GMT)