Kuwait indices falls collectively at Sunday’s close

Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) ended Sunday’s session in the red zone, as its price index fell 0.06% or 3.05% to the level of 5,426.36 points.

The weighted and Kuwait-15 indices also declined by 0.29% and 0.63% respectively.

Turnover declined by 33.4% to KWD 4.87 million from KWD 7.18 million on Thursday 8 September, trading volume also decreased by 34.5% to 43.77 million shares from 66.83 million shares.

The technology sector was the best performer after adding 0.51% as Future Arab Investment grew 5.43%. The real estate sector also grew by 0.3% as Taameer Real Estate Investment leapt by 7.14%.

On the flipside, the banks sector was the worst performer after falling by 0.67%, pressured by the drop in Warba Bank by 2.35%.

Al Masaken International Real Estate Development led decliners with a fall of 32.4% to 96 fils, while Gulf Glass Manufacturing topped the green list by adding 8.3%.

Al Mal Investment made the biggest trading volume activity of 4.9 million shares, whereas Mezzan Holding made the highest liquidity of KWD 1.04 million.

Mubasher Contribution Time: 18-Sep-2016 10:45 (GMT)
Mubasher Last Update Time: 18-Sep-2016 10:45 (GMT)