Kuwait Stock Exchange’s price index inched down 0.38% or 23.84 points to close at 6,212.88 points on Monday.
The weighted index retreated 1.07% or 4.51 points to settle at 415.82 points. The Kuwiat-15 index fell 1.45% or 14.77 points to reach 1,004.61 points.
Oil prices declined to approach $50 per barrel, reflecting negatively on investors’ sentiments, capital market analyst Nawaf Al-Oun said, adding that the Greek crisis also reflected on the Kuwaiti and Gulf markets’ performance.
Today’s trading value stood at KWD 14.56 million ($48.09 million), 50.3% higher than KWD 9.69 million in the previous session. Trading volume increased 32.6% to 136.91 million shares as compared to 103.23 million. Additionally, today’s transactions reached 3,134 as compared to 2,886.
Kuwaiti Health care sector topped the gainers by 1.56%.
Basic materials sector led the decliners by 1.22%, followed by telecommunication, banks, and real estate sectors which retreated 1.14%, 1.06%, and 0.43% respectively.
Zain stock fell 2.4%, while Commercial Bank of Kuwait dropped 4.7%.
Al Dar National Real Estate was the most active stock, on which 58.02 million shares were traded through 479 transactions, with a total value of KWD 2.12 million.