Kuwait-Mubasher: Kuwait Stock Exchange (KSE) suffered early from selling pressures on selective stocks; as the price index retreated 0.08% or 4.56 points to settle at 5,748.19 points at 9:30 am Kuwait local time on Wednesday.
The weighted index fell 0.03% or 0.33 points to reach 389.86 points. Similarly, the Kuwait-15 index inched down 0.01% or 0.09 points to 925.13 points.
Earlier this morning, technical analyst Badr Al-Otaibi expected KSE to keep heading north on Wednesday, referring that the price index would face resistance at 5783, 5814, and 5843 points, respectively, while the support levels would be at 5723, 5693, and 5663 points, respectively.
Trading volume reached 7.99 million shares which generated about KWD 719,020 through 234 transactions.
Flex topped the winners by adding 4.17%, while Burgan for Will Drilling led the losers s it declined 8.3% to settle at 110 fils.
GFH was the most active stock as 1.76 million shares were exchanged through 6 deals, with a value of about KWD 61,670. The stock settled at 35 fils.
IFA stock recorded the highest traded value of around KWD 287,670 as nearly 271,470 shares were traded through 28 transactions. The stock reached 1,060 fils.
