Kuwaiti bourse ends Wednesday in red zone

Kuwait – Mubasher: Kuwait Stock Exchange (KSE) ended Wednesday’s trading session in the red zone, as the price index went down 0.26% to 5,455.59 points.

The weighted and Kuwait-15 indices retreated 0.12% and 0.22% respectively on the drop of both banks and real estate segments.

The banks sector led seven decliners with 0.47%, dragged by Boubyan which lost 2.5%.

KSE’s real estate sector retreated 0.43%, affected by Marakez which dropped 8.8% to be the top loser.

The financial service segment edged down 0.3%, dragged by 19 shares headed by Al Madina which levelled down by 4.6%.

Meanwhile, the consumer goods as well as the oil and gas sectors were the only gainers with a growth of 0.05% and 0.04% respectively.

KSE’s trading value decreased by 6.1% to KWD 20.85 million, while trading volume increased by 5.8% to 181.04 million shares.

Warba Bank was the most active stock for both value and volume which stood at KWD 3.93 million through 17.54 million shares. The stock levelled down 1.74% to 226 fils.

 

Mubasher Contribution Time: 09-Nov-2016 10:54 (GMT)
Mubasher Last Update Time: 09-Nov-2016 10:54 (GMT)