Kuwait-Mubasher: The real estate sector has dragged Kuwait Stock Exchange (KSE) down to the red zone by 9:30 am Kuwait time on Tuesday.
KSE’s price index levelled down 0.21% or 11.5 points to reach 5,360.95 points.
Both the weighted and KSX 15 indices retreated 0.45% and 0.43% respectively.
KSE’s liquidity stood at KWD 2.6 million, as trading volume reached 22.01 million shares which were traded through 527 transactions.
The real estate sector headed the decliners by a 0.51% fall, dragged by International Resorts which lost 3.17%.
The banks sector edged down 0.28%, as NBK fell by 1.52%.
Meanwhile, the oil and gas sector was the only gainer by a growth of 0.17%, as The Energy House and Ikarus levelled down 2.11% and 1.15% respectively.
Al Dar National Real Estate was the top winner with a 7.41% rise, while Ajwan Gulf Real Estate led the losers after diving 8.62%.
Sokouk Holding was the most active as 2.54 million shares were exchanged, with a value of about KWD 96,500. The stock settled at 38.5 fils.
Agility recorded the highest liquidity which stood at KWD 1.07 million, after 2.13 million shares were traded. The stock rose by 2% to 510 fils.
