Real estate sector boosts Kuwaiti bourse at open

Kuwait-Mubasher: The price index of Kuwait’s stock market leveled up 0.08% or 4.54 points to settle at 5,407.83 points after an hour from starting Wednesday’s session.

Kuwait-15 rose by 0.14%, while the weighted index retreated 0.03%.

Liquidity reached KWD 5.2 million, as 53.6 million shares were traded through around 1,350 transactions.

Stocks of the real estate sector started the session in green, as 11 shares rose, backed by Al-Aqaria and Al Mazaya which gained 6.98% and 1.61% respectively.

The technology sector topped the gainers by a rise of 1.778%, enhanced by the 1.85% increase of Osos to hit the highest level since 26 January, 2014.

KSE’s telecom sector rose by 0.68%, as Hits telecom Holding rose 2.67%.

Oil and gas sector led the decliners by a fall of 0.71%, dragged by Contracting and Marine Services which lost 5.66%.

Mubasher Contribution Time: 27-Apr-2016 08:13 (GMT)
Mubasher Last Update Time: 27-Apr-2016 08:13 (GMT)