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Kuwait bourse extends gains for third day in row

Kuwait bourse extends gains for third day in row
KSE indices closed collectively on green zone on Monday, for third session in row, as the price index advanced by 1.09% or 70.33 points to end at 6502.98 points.

Following suit, the weighted index gained 1.49% or 6.5 points to close at 440.07 points, while the Kuwait-15 index, which reflects trading in blue-chips, added 2.21% or 23.3 points to end at 1073.27 points.

As for market figures , today's session saw sealing of 11100 spot transactions compared with 12927 in previous session , worth KWD40.57 million against KWD48.84 million down by 16.9% in preceding session with some 400.68 million shares changing hands.

The sector indices board was topped by "Technology" as it grew by 4.7%, leaded by "Al Safat Tec Holding" and "Automated Systems".

On other side, the main loser was "Basic resources" as it reiterated by 0.22% on the decline of "Qurain".

Gainer share of the day was "Investors Holding group" as it surged by 10.6%, while the number-one loser was "Specialties Group" as it declined by 7.1%.

As for most active stock in terms of Value, it was "VIVA" as it recorded trades with total value of KWD6.3 million.

Meanwhile, most active stocks in terms of Volume were topped by "Gulf Finance House" with total volume of exchanged stocks of 67 million shares.