Kuwait-Mubasher: The benchmark index of Kuwait’s stock market started Wednesday’s session with a rise of 0.12% or 6.4 points to settle at 5,281.43 points by 10 am Kuwait time.
The weighted index levelled up 0.19% or 0.68 points to 362.03 points, and similarly, the KSX 15 advanced by 0.24% or 2.07 points to 854.92 points.
KSE’s price index has support levels at 5262, 5249 and 5237 points respectively, while its resistance lies at 5287, 5300 and 5312 points respectively, technical analyst Bader Al-Otaibi said. He noted that the main index targets 5,484 points.
Liquidity reached KWD 5.05 million after 86.8 million shares which were exchanged through 1,715 transactions.
Abyaar Real Estate Development topped the winners by a growth of 6.12%, while Amar for Finance and Leasing headed the losers by a decline of 25%.
Abyaar was the most active as 14.26 million shares were traded, with a value of around KWD 365,800.
National Investments recorded the highest turnover that stood at KWD 397,000 after 3.47 million shares were exchanged. The stock rose by 1.75%.
