Kuwaiti bourse closes in red zone

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) ended Sunday’s session in the red zone.

KSE’s price index retreated 0.13% or over 7 points to close at 5,317.03 points.

The weighted index levelled down 0.25% to 355.83 points, while the Kuwait-15 index lost 0.13% to 829.84 points.

The market’s liquidity shrank 30.7% to KWD 7.56 million, as trading volume decreased 20.1% to 99.02 million shares.

Both the basic materials and telecom sectors led the decliners by falling 1.41%, while the health care sector topped the gainers by 1.76%.

Kuwait National Cinema was the top winner by rising 9% to KWD 1.2, after about 14,320 shares were traded.

Meanwhile, Marakez headed the losers by dropping 10.2% or 2.5 fils to 22 fils after about 41,500 shares were exchanged.

Hits Telecom was the most active stock on which 13.8 million shares were traded with a value of about KWD 465,600. The stock settled at 33.5 fils.

NBK recorded the highest liquidity which stood at about 843,300 as 1.34 million shares were traded. The stock reached 630 fils.

 

MUBASHER Contribution Time: 22-May-2016 11:47 (GMT)
MUBASHER Last Update Time: 22-May-2016 11:47 (GMT)