Kuwaiti bourse ends day in red zone

Kuwait-Mubasher: The price index of Kuwait Stock Exchange retreated 0.31% or 16 points to close at 5,147.87 points on Wednesday.

The weighted index dropped 0.81% or 2.87 points to settle at 851.85 points. Also, KSX 15 levelled 1.1% or 9 points down to 830.82 points.

Today’s turnover declined 17.7% to KWD 8.84 million, as trading volume decreased by 37.9% to 90.52 million shares.

The technology sector topped the gainers by adding 1.54%, while the telecom sector led the decliners with a drop of 1.11%.

Al Imtiaz Investment Group was the top winner with 8.77% growth, while Kuwait Real Estate headed the losers with a 9.76% decline.

Kuwait Business Town Real Estate was the most active stock as 9.69 million shares were traded.

Zain recorded the highest liquidity of KWD 1.5 million.

Mubasher Contribution Time: 10-Feb-2016 10:14 (GMT)