Kuwaiti bourse closes in red despite larger turnover

Kuwait-Mubasher: The price index of Kuwait’s stock market dropped 1.63% or 87 points to close at 5,265.94 points on Thursday.

The weighted and Kuwait-15 declined by 2.16% and 2.74%, respectively.

Meanwhile, liquidity soared 45.2% to KWD 18.02 million, as trading volume increased to 124.16 million shares.

The technology sector topped the gainers by adding 0.3%, while the banks sector led the decliners with a 3.13% decrease.

Amar for Financing and Leasing was the top winner as it jumped 9.09%, while Metal and Recycling headed the losers by a plunge of 15.62%.

Al Dar National Real Estate was the most active stock as 18.85 million shares were exchanged. KFH recorded the highest turnover of almost KWD 3.3 million.

 

Mubasher Contribution Time: 14-Jan-2016 10:43 (GMT)