Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) levelled down 0.12% or 6.5 points to end Monday’s session at 5,364.23 points, and the weighted gauge inched down 0.08%. Meanwhile, KSX 15 rose by 0.76%.
The KSE has been closing on a mixed note for the seventh straight session since the beginning of May.
The volatility seen at the beginning of May resulted from exchange of position and portfolio directors performing profit takings, with sentiment hurt by weaker neighboring markets, technical analyst Nawaf Al-Shimiry said.
Today’s liquidity grew 96% to KWD 13.09 million as trading volume increased to 98.44 million shares.
KSE’s technology sector outperformed with 2.64% growth, backed by Osos which rose 5.36%. Meanwhile, the services sector was the day’s underperformer as it dropped (led the decliners) 0.94%, dragged by Coast which lost 5.2%.
National Consumer Holding was the top winner with a 25% increase, while The Energy House led the losers by falling 8.33%.
Coast was the most active as 8.75 million shares were exchanged with value of about KWD 410,770.
Agility recorded the highest turnover that stood at KWD 4.1 million, after 8.18 million shares were exchanged. The stock settled at 500 fils.
