Kuwaiti bourse opens in red zone

Kuwait-Mubasher: The price index of Kuwait’s stock market started Thursday falling by 0.61% or 33.92 points to settle at 5,530.05 points at 9:30 am Kuwait local time.

The weighted index dropped 0.36% or 1.37 points to reach 376.03 points; also, Kuwait-15 index declined by 0.50% or 4.44 points to 886.03 points.

Trading value stood at KWD 2.89 million, after 25.7 million shares were traded through 523 transactions.

Six sectors were in the red zone, advanced by the technology and financial services which lost 2.66% and 0.88% respectively; while the insurance sector gained 0.58%.

Warba Insurance was the top winner by 6.25%, while National Ranges (Mayadeen) led the losers by 6.98%.

 

MUBASHER Contribution Time: 07-Jan-2016 06:48 (GMT)