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Analyst expects KSE indexes to rise Wednesday

Analyst expects KSE indexes to rise Wednesday
Photo Credit: Arabianeye-Reuters

Some of Kuwait Stock Exchange’s (KSE) indexes are foreseen to level up on Wednesday, as speculative trading continues, said capital market analyst Faisal Boushahri.

“KSE’s price index will face resistance levels at 6312, 6337, and 6395 points to achieve its target levels at 6416, 6395, and 6376 points,” added Boushahri.

On Tuesday’s session, the price index fell to 6308.56 points, the weighted index declined to 432.2 points, and Kuwait-15 index retreated to 1046.93 points.