By Mohamed Farouk
Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) indices fell in January compared with their levels at the end of December, 2015.
The price index dropped by 8.92% or more than 500 points to end the month at 5,114.52 points, down from 5,615.12 points.
The weighted index also declined by 7.41% or 28.27 points to 353.43 points, from 381.7 points.
KSE-15 shed 7.84% to end at 829.8 points, from 900.43 points.
The monthly traded volume increased by 15.4% to 2.7 billion shares, from 2.34 billion shares. The traded value also rose by 16.7% to KWD 282.01 million ($926.14 million), from KWD 241.71 million ($793.79 million). The number of transactions rose by 9% to 64,650 from 59,270.
KSE’s capitalisation amounted to KWD 24.22 billion ($79.54 billion), down 7.4% or KWD 1.94 billion ($6.37 billion), from KWD 26.16 billion ($85.91 billion) in December.
