Mubasher TV
Contact Us Advertising   العربية

Boursa Kuwait indices close Sunday mixed

Boursa Kuwait indices close Sunday mixed
Burgan Drilling topped the winners

By: Mohamad Farouk

Mubasher: The price index of Boursa Kuwait gained 0.21% or 14.74 points to close Sunday’s session at 6,900.58 points. Similarly, the weighted index edged up 0.09%, while the Kuwait-15 index retreated 0.25% to post its fourth decline in a row.

The banks segment topped gainers with 0.9%, backed by Ithmaar which rose by 6%.

Meanwhile, the consumer goods sector led decliners with 0.7%, dragged by Americana which lost 8.54% to be the top loser.

Burgan Drilling topped the winners with a rise of 14.67%, impacted by its first-quarter financials disclosure.

The majority of Boursa Kuwait’s stocks is expected to head for positive targets this week, capital market analyst Ibrahim Al Filkawy told Mubasher.

Boursa Kuwait’s liquidity shrank by 16.7% to KWD 13.26 million on Sunday compared to KWD 15.91 million in the previous session, while the trading volume increased to 104.38 million shares from 94.93 million.

AUB Bahrain recorded the highest turnover of KWD 2.43 million, rising 1.86%.

Al Imtiaz was the most active stock on which 11.38 million shares were exchanged, reaching 168 fils.