Kuwait-Mubasher: Kuwait Stock Exchange’s indices ended Wednesday’s trading session with a mixed performance. The benchmark index retreated 0.26% or 13.88 points to close at 5,229.91 points.
Meanwhile, the weighted index gained 0.14% or 0.51 points to reach 361.08 points. KSX 15 index grew 0.26% or 2.21 points to 853.21 points.
The price index saw resistance at 5,244 points, and failed to break above that level today, but if it did in the coming sessions, it will shoot for 5,266 points and 5,284 points respectively, technical analyst Nawaf AL-Oun said. He added that the support level is 5,216 points, which if broken below, 5,197 points and 5,180 points will become the new targets respectively.
The market’s liquidity shrank by 18.9% to KWD 10.17 million, as trading volume decreased 1.2% to 117.56 million shares.
The technology sector headed the gainers by a 2.58% rise, while the industrial sector led the decliners with a 0.91% drop.
Al Deera was the top winner by a 7.69% increase as it settled at 35 fils.
Zima was the most active as 21.03 million shares were traded, with an overall turnover of KWD 1.26 million. The stock levelled up 1.64%.
