Kuwait – Mubasher: The Kuwait Stock Exchange’s indices slipped collectively on Sunday, the first trading session in 2016.
The Price Index fell 0.83% or 47 points to 5,568.3 points, the Weighted Index dropped 0.85% to 378.44 points, and the Kuwait-15 Index went up 0.87% or 7.8 points to the level of 892.61 points at close.
Trading volume rose by about 42.8% to 112.32 million shares, versus 78.62 million shares exchanged yesterday, while trading value moved down by 2.3% to KWD 8.38 million, against KWD 8.58 million yesterday.
The basic materials sector climbed 2.06%, while the oil and gas sector rose 0.63%.
Al Masaken International Real Estate Development was the strongest share with a growth of 8.93%, while Osoul Investment was the weakest with a decrease of 12.2%.
GFH Financial Group saw trading of 33.84 million shares to become on top of the volume chart, whereas Ithmaar Bank recorded the largest trading value with liquidity near KWD 1.5 million.
