Kuwait’s stock market closes in red zone

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) retreated 0.10% or 5.32 points to close at 5,140.96 points on Thursday.

The weighted index dropped 0.65% or 2.28 points to settle at 349.83 points. Also, KSX 15 index lost 1.01 % or 8.41points to approach 822.89 points.

Today’s trading value soared by 48.7% to stood at KWD 11.39 million, as trading volume rose by 17% to 150.8 million shares.

The technology sector led the gainers by adding 2.11%, while the oil and gas sector headed the losers with a 1.07% fall.

Sultan topped the winners as it grew 8.47%, while Kout Food was the top loser after sinking 7.69%.

The Securities House was the most active stock as 16.93 million shares were traded with a value of about KWD 543,650. The stock grew 8.2%.

Zain recorded the highest turnover of about KWD 1.4 million, after 3.93 million shares were exchanged. However, the stock fell by 1.41%. 

Mubasher Contribution Time: 18-Feb-2016 10:43 (GMT)