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Kuwaiti bourse closes in red zone

Kuwaiti bourse closes in red zone
Photo Credit: Arabianeye-Reuters

Kuwait-Mubasher: The price index of Kuwait Stock Exchange (KSE) ended Monday’s trading session with a retreat of 0.07% or 4.13 points to 5,802.36 points.

The weighted index dropped 0.2% or 0.8 points to reach 392.96 points. The Kuwiat-15 index fell 0.74% or 6.9 points to settle at 929.64 points.

Today’s trading value grew 67.5% to KWD 13.8 million, after trading volume rose 1.2% to 97.9 million shares which were traded through 2,845 transactions.

KSE’s technology sector led the gainers by adding 2.71%, while the basic materials sector headed the decliners with a loss of 1.98%.

Mezzan Holding was the top winner as it rose 9.43%, while KAMCO Investment fell 8.93% to be the top loser.

Securities Group was the most active stock as 9.98 million shares worth about KWD 489,320 were exchanged. However, the stock fell by 1.03%.

KFH recorded the highest trading value of nearly KWD 2 million, after 110 deals were traded through nearly 3.465 million shares. The stock settled at 570 fils, dropping 10 fils.