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Boursa Kuwait closes Thursday in red zone

Boursa Kuwait closes Thursday in red zone
Photo Credit: Arabianeye-Reuters

Kuwait – Mubasher: The main index of Boursa Kuwait closed Thursday’s session 0.23% or 15.12 points lower at 6,687.53 points, as the weighted index fell by 0.08%, and Kuwait-15 edged down 0.16%.

The financial services sector led decliners with 1.31%, dragged by Umm Al Qaiwain General Investment Co which dropped 20% to be the top loser.

Meanwhile, the technology segment topped three gainers with 2.35%, on the back of Automated Systems which rose 19.8% to be the top winner.

The market’s turnover increased to KWD 10.44 million from KWD 7.93 million in the previous session, and the trading volume grew to 102.73 million shares from 63.18 million.

Al Themar International was the most active stock on which 46.99 million shares were exchanged at a value of KWD 3.22 million, closing at 70 fils.