Kuwait’s stock market ends on mixed note

Kuwait-Mubasher: The price index of the Kuwaiti bourse inched up 0.02% or 1.2 points to close at 5,804.57 points on Wednesday.

The weighted index retreated 0.1% or 0.4 points to reach 391.69 points. Also, the Kuwait-15 index dropped 0.19% or 1.7 points to reach 926.87 points.

Today’s turnover grew 33.4%, as trading volume increased 31.7% to 144.75 million shares traded through 3,336 transactions.

The level of 5,793 points should be broken above or at least maintained, said technical analyst Nawaf Al-Oun.

The consumer services sector advanced 0.53% to become the biggest gainer, while the industrial sector headed the decliners as it lost 0.41%.

Flex Resort and Real Estate was the top winner with a rise of 6.67%, while Kuwait Cable Vision led the losers after dropping of 9.09%.

GFH was the most active stock as 35.5 million shares were exchanged through 351 deals, with total value of KWD 1.33 million. The stock levelled up 4.2%.

MUBASHER Contribution Time: 02-Dec-2015 09:56 (GMT)