Boursa Kuwait registers 2nd straight growth Wednesday

Mubasher: The indices of Boursa Kuwait closed Wednesday’s trading session on positive note after the All-Share Market index levelled up 0.1%, while the Premier and markets increased by 0.08% and 0.16%, respectively.

The telecommunications sector topped the gainers with 1.08%, whereas the insurance sector was the worst performer with 0.64%.

Alargan International Real Estate Company headed the winners with 13.64%, whereas Taameer Real Estate Investment led the losers with 16.2%.

The bourse’s liquidity tumbled 11.8% to KWD 25.09 million from KWD 28.43 million, while trading volume went down 19.2%, reaching 97.17 million shares, compared to 120.18 million on Tuesday.

Kuwait Finance House (KFH), which inched up 0.15%, led the bourse in terms of traded value with KWD 6.52 million, while the Gulf Bank of Kuwait (GBK), which finished unchanged at 301 fils, generated the highest trading volume with 11.89 million shares.

Mubasher Contribution Time: 22-May-2019 11:14 (GMT)
Mubasher Last Update Time: 22-May-2019 11:19 (GMT)