Boursa Kuwait posts negative performance in week

Boursa Kuwait posts negative performance in week
Photo Credit: Arabianeye-Reuters

Mubasher: The price index of Boursa Kuwait levelled down by 2.77% or 194.36 points to reach 6,813.53 points by the week ended on 20 April from 7,007.89 points by the week ended on 13 April.

Both the weighted and Kuwait-15 indices lost 1.81% and 2.08%, respectively, during this week.

The market’s liquidity shrank by 2.69% to total KWD 133.33 million this week from KWD 137.02 million a week ago.

The trading volume decreased by 13.35% to total 1.445 billion shares from 1.792 billion, and the transactions declined by 14.55% to about 28,400 from nearly 33,240.

The Boursa Kuwait’s market cap lost 1.8% or KWD 520 million to stand at KWD 28.05 billion ($91.9 billion) this week from KWD 28.57 billion ($93.6 billion) in the prior week.

 

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Source: Mubasher

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