Real estate sector pushes KSE’s main index into green zone

Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) ended Tuesday session at 5,377.75 points, after rising 0.23% or 12.28 points.

Meanwhile, both the weighted and Kuwait-15 indices fell by 0.04% and 0.38% respectively.

KSE’s liquidity increased by 54.7% to KWD 9.9 million, while trading volume gained 3.5% to 65.1 million shares.

The real estate sector topped six gainers by 1%, backed by First Dubai, National Real Estate, and United Real Estate which levelled up by 7.94%, 6.10%, and 5.38% respectively.

The consumer services headed four decliners by 0.84%, dragged by Zima Holding which retreated by 5.26%; the consumer goods sector fell by 0.32%, as Livestock Transport lost 2%.

Zima was the most active stock on which 10.5 million shares were exchanged at a value of about KWD 479,800. The stock fell by 5.3%.

NBK recorded the highest trading value that reached KWD 3.1 million, after 5.6 million shares were traded. The stock fell by 1.75% to 560 fils.

 

Mubasher Contribution Time: 12-Jul-2016 11:24 (GMT)
Mubasher Last Update Time: 12-Jul-2016 11:25 (GMT)