Kuwait-Mubasher: The price index of Kuwait’s stock market rose by 0.69% or 34.2 points to settle at 5,003.42 points at 10:30 am Kuwait local time on Thursday.
The weighted index levelled 1.46% or 5 points up to reach 342.43 points. Kuwait-15 gained 1.93% or 15.25 points to approach 803.53 points.
The bourse’s benchmark index is facing resistance at 4,981 points that will lead to 5,023 and 5,097 points respectively, said technical analyst Nawaf Al-Oun.
The analyst added that the current support level is at 4,968 which will lead to 4,937 and 4,916 points respectively, detailing that a decline to 4,887 points may happen if those support levels are broken below.
KSE’s liquidity stood at KWD 8 million, as 99.5 million shares were exchanged through 2,225 transactions.
Remal topped the winners by 8.2% growth, while Energy House led the losers with a decrease of 7.25%.
Al Dar National Real Estate was the most active stock as 25.5 million shares were traded. On the other hand, KFH recorded the highest turnover of KWD 1.7 million.
