By: Mohamad Farouk
Mubasher: The indices of Boursa Kuwait closed Monday’s trading session with a mixed performance for the second consecutive session.
The benchmark price index went up 0.04% or 2.9 points to close at 6,674.53 points, the Kuwait-15 index edged up 0.09%, while the weighted index retreated 0.02%.
The price index targets 6,620 points for the profit taking activity, while it has two other target points at 6,680 and 6,695 once its performance turns positive, capital market analyst Ibrahim Al Filkawy told Mubasher.
The industrial segment topped four gainers with a rise of 0.54%, backed by National Cleaning which rose by 6.8%.
Meanwhile, the real estate sector led six decliners with a fall of 0.13%, dragged by Al Massaleh Real Estate which lost 4.8%.
Al Aman Investment was the top winner with a growth of 8.41%, while Automated Systems led losers with a decline of 16.5%.
Boursa Kuwait’s turnover shrank by 37.4% to KWD 20.78 million on Monday from KWD 33.17 million in the previous session, as the trading volume decreased by 22.4% to 121.22 million shares from 156.13 million.
Gulf Bank of Kuwait (GBK) was the most active stock on which 24.75 million shares were exchanged through 176 transactions at a value of KWD 6.09 million, up 1.24%.
