Kuwaiti bourse’s indices see mixed performance at open

Kuwait-Mubasher: The price index of Kuwait’s stock market retreated 0.1% or 5.24 points to settle at 5,160.95 points at 10 am Kuwait time on Wednesday.

KSX 15 also fell 0.19% or 1.63 points to 834.77 points.

Meanwhile, the weighted index rose by 0.11% or 0.4 points to reach 354.98 points.

The benchmark is being supported at 5,148 points, which if broken below, the index will fall to 5,100 and 5,097 points respectively, said technical analyst Nawaf Al-Oun.

He added that the resistance is at 5,177 and 5,183 points.

Osoul Investment topped the winners by adding 7.81%, while Strategia Investment headed the losers with a decline of 6.85%.

GFH was the most active stock as 10.7 million shares were exchanged through about KWD 613,530. The stock settled at 57 fils.

KFH recorded the highest turnover of around KWD 800,000 after 1.61 million shares were traded. The stock settled at 495 fils. 

MUBASHER Contribution Time: 24-Feb-2016 07:06 (GMT)