KSE’s price index rises at open

Kuwait – Mubasher: The price index of Kuwait Stock Exchange (KSE) rose in Tuesday's early trading by 0.13% or 6.87 points to the level of 5,355.01 points.

Meanwhile, the weighted and the Kuwait-15 indices declined by 0.07% and 0.05% respectively.

Trading volume reached 35.2 million shares exchanged through executing 875 transactions, making a turnover of KWD 6.25 million.

The real estate sector rose 0.57% as Marakez topped gainers with a growth of 9.09%.

The telecom sector, however, fell 0.78%, pressured by a 1.43% decrease in Zain.

Kuwait Slaughter House was the worst performing stock after falling 5.06% to 150 fils.

National Bank of Kuwait made the highest trading activity with a volume of 5.57 million shares and a turnover of KWD 3.72 million.

The three indices closed yesterday with a collective fall, as the price, weighted and Kuwait-15 shrank 0.51%, 0.24% and 0.27% respectively.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 17-May-2016 07:34 (GMT)
Mubasher Last Update Time: 17-May-2016 10:57 (GMT)