Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) grew 0.07% or 3.45 points to settle at 5,268.16 points at 9:30am Kuwait local time during Tuesday’s trading session.
Meanwhile, the weighted index dropped 0.14% or 0.5 points to reach 363.63 points. Similarly, KSX15 index fell by 0.29% or 2.5 points to 856.69 points.
The market’s main index is facing resistance at 5,264 points and a break above such a barrier will push it further higher towards 5,281 and 5,297 points respectively, said technical analyst Nawaf Al-Oun.
Price index’s support level is at 5,240 points which will be followed by 5,216 points, the analyst added.
KSE’s liquidity reached KWD 2.65 million, after 38 million shares were exchanged through 700 transactions.
Hayat Communications topped winners with a 6.12% growth, while Zima Holding led losers with a decline of 5.06%.
Al Safat Energy was the most active stock, with 5.68 million shares traded, while
Zain recorded the highest turnover of about KWD 634,000.
