By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Tuesday’s trading session with a mixed performance, as the All-Share and Premier markets went down 0.06% and 0.13%, respectively, while the Main market rose 0.08%.
The All-Share index is still moving in a tight range in the recent time in line with the investors’ anticipation for the actual listing of Boursa Kuwait on FTSE Emerging Markets Index; this is expected to have a positive impact on the exchange’s liquidity in addition to attracting new investments, deputy head of the investment research department at KAMCO, Raed Diab, told Mubasher.
New investment tools are expected to be offered in Boursa Kuwait next month, Diab said, noting that this step will endorse the market’s performance.
The basic materials sector led seven decliners with 1.15%, while the technology segment headed four gainers with 5.6%.
The Energy House was the top loser with a drop of 10%, while Sokouk topped the winners with 7.4%.
Boursa Kuwait’s turnover shrank by 10.4% to KWD 19.72 million on Tuesday compared to KWD 22 million on Monday after the trading volume decreased by 32.2% to 63.54 million shares from 93.76 million.
The National Bank of Kuwait (NBK) was the most active stock on which 6.28 million shares were traded at a value of KWD 5.2 million, the stock closed at 830 fils.
