Telecom sector backs KSE to open in green

Kuwait-Mubasher: The indices of Kuwait Stock Exchange (KSE) started Monday’s session with a grouped rise, as the price index edged up 0.05% or 3.08 points to reach 5,320.11 points by 10:30 am Kuwait time.

The weighted index gained 0.2% or 0.77 points to approach 355.83 points. Similarly, Kuwait-15 index inched up 0.2%.

KSE’s liquidity amounted to KWD 1.7 million, as trading volume reached 22.7 million shares which were traded through 640 transactions.

The telecom sector topped the gainers by 1%, while the consumer services led the decliners by 0.41%.

Ajwan Gulf Real Estate was the top winner by rising 7.3%, while Kuwait Resorts headed the losers by 6.3%.

Equipment Holding was the most active stock on which 7.02 million shares were traded. Meanwhile, Zain recorded the highest liquidity which stood at KWD 413,000.

 

Mubasher Contribution Time: 23-May-2016 07:30 (GMT)
Mubasher Last Update Time: 23-May-2016 07:30 (GMT)