KSE’s price index up; liquidity loses 7.2%

Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) levelled up 0.48% or 27.2 points to close at 5,647.16 points on Sunday.

The weighted index inched up 0.02% or 0.09 points to settle at 381.07 points, while Kuwait-15 index retreated 0.2% or 1.8 points to 900.69 points.

Today’s trading value decreased 7.2% to KWD 8.3 million but trading volume grew 26.2% to 112.6 million shares which were exchanged through 2,737 transactions.

The oil and gas sector topped the gainers by adding 1.43%, while the health care sector led the decliners with a 4.03% drop.

Burgan for Well Drilling was the top winner as it increased 8.2%, while Safwan Trading and Contracting headed the losers after shedding 7.7%.

GFH was the most active stock as 17 million shares were traded through 154 deal, with a value of about KWD 687,100. The stock rose by 6.5%.

NBK recorded the highest liquidity of about KWD 931,200 as 1.2 million shares were exchanged through 17 transactions. The stock settled at 800 fils.

MUBASHER Contribution Time: 27-Dec-2015 10:23 (GMT)