KSE up 0.16% in May; market cap declines KWD 459m

Kuwait – Mubasher: The price index of Kuwait Stock Exchange (KSE) rose in May by 0.16% or 8.52 points to the level of 5,400.33 points, compared to 5,391.81 points in April.

On the other hand, the weighted and Kuwait-15 indices declined 2.42% and 4.3% respectively.

During 22 sessions in the month, trading volume reached 2.93 billion shares, 25.4% down from 3.93 billion shares exchanged in April.

Turnover also decreased this month by 11.1% to KWD 246.02 million from KWD 276.7 million in April.

The number of transactions shrank in May by 15.2% to 68,900 from 81,250 a month earlier.

The market capitalisation retreated 1.8% or KWD 459 million to KWD 24.857 billion, versus KWD 25.316 billion in April.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 31-May-2016 12:53 (GMT)
Mubasher Last Update Time: 31-May-2016 12:53 (GMT)