Kuwait Stocks Market Wraps Up Week With Feeble Uptick

Kuwait stocks ticked up on Thursday to close the week on a positive note. The All Shares Index rose 6 points in volatile session to 5,687.17 points paced by mid and small caps even as the heavyweights closed mixed. The Premier Market eased 1 points to 6,201 pts while Main Market climbed 20.78 points to 4,676.59 pts. The BK Main 50 scaled 21.42 pts.

The volume turnover, meanwhile, dipped as it extended Wednesday’s slight pullback. Over 238 million shares changed hands – down 24 pct from the day before. The sectors closed mostly in green territory. Technology sector outshone the rest with 2.84 percent gain whereas Consumer Goods shed 0.51 pct, the biggest loser of the day. Volume wise, Financial Services continued to top with 89.98 million shares while Banking Sector dominated in value with KD 8.6 million.

 

SOURCE : ARAB TIMES KUWAIT

Comments Post Comment

Leave a Comment

Submit