Kuwaiti bourse ends mixed for second session

Kuwait – Mubasher: Kuwait Stock Exchange finished Sunday on a mixed note for the second session in a row amid a semi-balanced performance of sectors.  

KSE price index gained 11.62 points, or 0.22%, to reach at 5,403.43 points.

In contrast, both the weighted index and KSX 15 index declined by 0.84% and 1.47% respectively.

Trading value fell by 26.9% to KWD11.1 million from KWD15.18 million on Thursday.

Likewise, trading volume slipped 21% session-over-session to 139.41 million shares from 176.48 million shares.

Sector-wise, telecommunications headed six sectors on a negative note with a decline of 1.59% as Ooredoo, Viva, and Zain saw a slide of 5.26%, 2%, and 1.43% respectively. The only advanced stock was Hits Telecom with a rise of 4.11%.

On the positive note, the technology sector led five sectors with a rise of 4.31%, backed by ASC stock that moved up by 7.69% at close.

The top gainer was Marakez with a rise of 10.42%, while the top loser was UPAC with a fall of 7.46%.

The most active stock in terms of trading volume was Gulf Petroleum after registering 11.15 million shares worth KWD782,050. It ended the session 1.18% higher.  

The leading stock in terms of trading value was Agility that achieved a turnover of KWD1.8 million after 3.58 million shares were traded. It closed around 2% lower. 

MUBASHER Contribution Time: 01-May-2016 11:23 (GMT)
MUBASHER Last Update Time: 01-May-2016 13:57 (GMT)