Kuwaiti bourse opens on positive note

Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) opened Tuesday’s session in green, backed by a collective rise in its indices.

The price index rose 0.12% to the level of 5,385.29 points, compared to 5,378.88 points yesterday.

The weighted index also grew 0.04% to 356.32 points and the Kuwait-15 index advanced 0.03%.

Trading volume reached 38 shares exchanged through 828 transactions, making a turnover of KWD 3 million.

The real estate was the best performing sector after adding 0.42%, while the technology sector was the worst with a 1.5% fall.

United Real Estate led risers with an increase of 5.7%, whereas Injazzat Real Estate Development topped losers after dropping 4%.

Hits Telecom Holding made the highest trading activity with 7.7 million traded shares, while Ahli United Bank made the highest liquidity of KWD 505,800.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 31-May-2016 07:35 (GMT)
Mubasher Last Update Time: 31-May-2016 07:35 (GMT)