Kuwait-Mubasher: The price index of Kuwait’s stock market gained 0.12% or 6.38 points to settle at 5,268.45 points during this week as compared to 5,262.07 points a week ago.
Meanwhile, the weighted index lost 1.22% or 4.42 points to reach 358.97 points the week ended 24 March, from 363.39 points in the week ended 17 March. KSX 15 index retreated 1.98% or 16.95 points to 840.79 points from 857.74 points.
Thursday’s trading session saw focus on penny stocks and medium-cap shares, amid limited trading on blue chips, said technical analyst Nawaf Al-Shayaa.
Leading blue-chips including Zain and NBK announced dividend payouts this week, and more announcements are anticipated on Sunday, the analyst added.
The market’s liquidity levelled up 0.61% to KWD 64.69 points over the week, while trading volume decreased by 7.1% to 706.42 million shares which were traded via 15,560 transactions.
During the week, market cap lost 1.2% or KWD 300 million to reach KWD 24.73 billion, according to recent data.
