Boursa Kuwait opens Thursday on mixed note

By: Mohamed Farouk

Mubasher: The indices of Boursa Kuwait started Thursday with a mixed performance after the Main Market index inched up 0.06%, whereas the All-Share Market index and the Premier Market index fell 0.28% and 0.45%, respectively.

The mixed performance is expected to extend over a long period during Thursday, capital market analyst Yacoub Al Mashaan told Mubasher. 

He forecast the Kuwaiti bourse to close on a negative performance by the end of the last session of this week. 

By 9:25 am Kuwait time, the consumer goods sector rose 0.235%, whereas the telecommunication segment declined 0.9%.

Sultan Center Food’s stock led risers with 3.45%, whereas the stock of Tamdeen Investment was the worst performer with 6.7%.

The bourse's trading volume reached 7.6 million shares exchanged at a turnover of KWD 1.8 million through 470 transactions.

The National Bank of Kuwait’s (NBK) Stock, down 0.5%, topped Boursa Kuwait in terms of traded value with a turnover of KWD 562,000, while Al Imtiaz Investment Group’s stock, up 2.5%, led the market in terms of trading volume after 1.7 million shares were exchanged.

Mubasher Contribution Time: 06-Sep-2018 06:53 (GMT)
Mubasher Last Update Time: 06-Sep-2018 07:04 (GMT)