Kuwait-Mubasher: The price index of Kuwait’s stock market ended Sunday retreating 1.15% or 66.3 points to close at 5,700.07 points.
The weighted index fell by 1.28% or 5.08 points to reach 392.42 points. Also, the Kuwiat-15 index lost 1.497% or 14.22 points to settle at 940.42 points.
Today’s turnover increased 23.3% to KWD 17.89 million, as the trading volume decreased by 12.9% to 137.71 million shares that were traded through 3,398 transactions.
The benchmark index would have a bottom line below 5,667 and 5,618 points, which was witnessed during the global financial crisis, said technical analyst Nawaf Al-Oun.
The technology sector advanced the gainers by 1.84%, while the financial services sector led the decliners by 2.52%.
Kout Food topped the winners by a growth of 6.9%, while Al Qurain Holding headed the losers by a drop of 13.33%.
Al Dar National Real Estate was the most active stock, on which 11.04 million shares were traded and generated a liquidity of about KWD 291,900. However, the stock leveled down by 3.64%.
KFH stock recorded the highest turnover of KWD 3.8 million, after 6.48 million shares were traded through 112 deals. The stock fell by 3.3%.
