Kuwaiti bourse’s indices open mixed

Kuwait-Mubasher: The price index of Kuwait’s stock market inched 0.11% or 5.59 points up to settle at 5,140.55 points at 10:15 am Kuwait local time on Wednesday.

The weighted index retreated 0.21% or 0.73 points to reach 352.31 points. Also, KSX 15 index dropped 0.36% or 2.99 points to settle at 833.04 points.

The benchmark is facing resistance at 5,147 points, and if exceeded, the index will reach 5,180 and 5,216 points respectively.

The market’s liquidity stood at KWD 2.99 million, after 58.74 million shares were exchanged through 1,303 transactions.

Meanwhile, the health care sector topped the gainers by 2.36% growth, while the industrial sector led the decliners by a drop of 0.52%.

Contracting and Marine Services was the top winner by adding 9.62%, while Injazzat Real Estate Development headed the losers by a 5.88% decline. 

MUBASHER Contribution Time: 17-Feb-2016 07:31 (GMT)