Kuwaiti bourse rises; small caps top gainers

Kuwait-Mubasher: The benchmark index of Kuwait’s stock market ended Thursday’s session at 5,346.95 points after gaining 0.3% or 16.17 points.

Both the weighted and KSX 15 indices retreated 0.3% and 0.7% respectively, dragged by blue chips including Burgan Bank, KFH, and NBK.

Today’s liquidity declined 10.4% to KWD 14.16 million as trading volume decreased 30.1% to 157.46 million shares.

The basic materials sector topped the gainers by rising 1.85%, backed by Kuwait Foundry which was 3.2% higher.

Meanwhile, the oil and gas sector headed the decliners by 0.72%, led down by Napesco which lost 1.5%.

Penny stocks were winners, topped by Gulf Franchising Holding and Jeeran which moved up 8.47% to 32 fils and 7.58% to 71 fils respectively.

Future Kid Entertainment led the losers by 7.4%, followed by Kuwait Real Estate which slipped 7.32%.

Ithmaar Bank was the most active as 11.73 million shares were traded, with a value of around 496,200. The stock retreated 1.19%.

National Bank of Kuwait (NBK) recorded the highest turnover that stood at KWD 2.5 million, after 3.76 million shares were traded. The stock levelled down 1.49%. 

Mubasher Contribution Time: 21-Apr-2016 11:42 (GMT)
Mubasher Last Update Time: 21-Apr-2016 13:11 (GMT)