KSE sees mixed week amid higher market cap

Kuwait – Mubasher: The indices of Kuwait Stock Exchange (KSE) saw mixed performance during the week ended 1 December, as both the price and weighted indices rose, while Kuwait-15 fell.

KSE’s benchmark index gained 0.94% or 51.6 points to reach 5,569 points this week from 5,517.38 points in the previous week.

The weighted index went up 0.28% or 1.05 points, while Kuwait-15 fell by 0.13% or 1.14 points.

Over the week, liquidity shrank by 15.5% to reach KWD 61.22 million from KWD 72.41 million in the past week.

Trading volume decreased by 20.5% to 512.58 million shares from 644.58 million a week ago.

Transactions shrank by 18.8% to about 12,500 from nearly 15,400 in the past week.

Over the week, market cap gained 0.24% or KWD 60 million ($196.46 million) to reach KWD 25.54 billion ($83.63 billion) this week, compared with KWD 25.48 billion ($83.43 billion) a week ago.

 

Mubasher Contribution Time: 01-Dec-2016 14:21 (GMT)
Mubasher Last Update Time: 01-Dec-2016 14:21 (GMT)