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Boursa Kuwait indices opens Wednesday higher

Boursa Kuwait indices opens Wednesday higher
(Photo Credit: Arabianeye-Reuters)

Kuwait – Mubasher: The indices of Boursa Kuwait saw a positive performance in Wednesday’s early trades, backed by the rise of banks and financial services sectors.

The price index added 0.10% or 6.91 points to reach 6,837.55 points by 9:55 am Kuwait time, while both the weighted and Kuwait-15 indices increased 0.28% and 0.20%, respectively.

The banks sector topped gainers with a 0.85% rise as Commercial Bank of Kuwait (CBK) added 6.76%.

The financial services sector grew 0.8% after Manazel Holding advanced 7.41%.

On the flipside, the industrial sector led losers with a 0.86% decline as Shuaiba Industrial was the worst performer with a 10% decrease.

The market saw a turnover of KWD 10.1 million after trading 121.78 million shares through 1,500 transactions.