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Boursa Kuwait indices mixed in 4-session week

Boursa Kuwait indices mixed in 4-session week
Photo Credit: Arabianeye-Reuters

Mubasher: The indices of Boursa Kuwait posted mixed performance during the week ended on 26 April; the stock market will be closed on Thursday, 27 April, on the occasion of Isra and Mi'raj holiday.

The price index gained 0.6% or 40.74 points to close at 6,854.27 points when compared to 6,813.53 points in the previous week.

Meanwhile, the weighted and Kuwait-15 indices lost 0.74% and 1.38%, respectively.

The market’s turnover shrank by 42.54% to total KWD 76.6 million this week from KWD 133.3 million a week ago. The trading volume decreased by 51.54% to 700.44 million shares from1.44 billion in the past week. The transactions declined by 43.40% week-on-week to about 16,080 from around 28,400.

Boursa Kuwait’s market cap lost 0.75% or KWD 210 million this week to stand at KWD 27.84 billion ($91.42 billion) from KWD 28.05 billion ($91.93 billion) in the prior week.