Kuwait-Mubasher: The Kuwaiti bourse ended Monday’s trading session in the red zone, as the price index retreated 0.55% or 31 points to close at 5,602.38 points.
The weighted index fell by 0.94% or 3.6 points to reach 381.27 points. Similarly, the Kuwait-15 index leveled down 1.48% or 13.5 points to 902.71 points.
Today’s trading value amounted to KWD 16.01 million, as trading volume stood at 104.08 million shares which were traded through 2,846 transactions.
Viva stock has affected the market negatively, technical analyst Badr Al-Otaibi, noting that the price index will have support levels at 5572, 5542, and 5509 points respectively on Tuesday. The resistance level will be at 563, 5668, and 5698 points respectively.
Basic materials sector topped the gainers by 1.04%, while the telecom sector led the decliners by 9.09%.
Amar for Finance and Leasing topped the winners by 8.16%, while Vive headed the losers by 9.09%.
Al-Madina was the most active stock on which 10.64 million shares were traded through 187 transactions, with a value of about KWD 362,700. The stock fell by 7%.
Viva recorded the highest trades of KWD 6.02 million, after 69 deals were traded by 6.02 million shares. The stock retreated 9.09%.
