Kuwait-Mubasher: The price index of Kuwait’s stock market retreated 0.58% or 31.49 points to close at 5,387.04 points on Monday.
Similarly, the weighted index leveled down 0.38% or 1.4 points to 365.30 points; and Kuwait-15 index lost 0.4% or 3.4 points to end the day at 857.94 points.
The price index is supported at 5364, 5342, and 5314 points respectively; and the resistance lies at 5415, 5443, and 5465 points respectively, said technical analyst Bader Al-Otaibi.
He expected Tuesday’s trading session to start in the red zone and close in green.
The market’s liquidity fell by 16.1% to KWD 13.75 million, as trading volume decreased by 18.4% to 82.06 million shares.
The consumer services sector topped the gainers by 0.39%, while the real estate sector led the decliners by 2.03%.
Contracting and Marine Services topped the winners by 9.62%, while both Al Dar National Real Estate and Marakez headed the losers by 10.2%.
KFH recorded the highest liquidity of KWD 4.3 million, after 8.6 million shares were traded.
Al Dar National Real Estate was the most active stock on which 11.5 million shares were traded and generated about KWD 263,000 liquidity.
