Boursa Kuwait indices see mixed performance at close Wednesday

Boursa Kuwait indices see mixed performance at close Wednesday
Unicap Investment and Finance’s stock led the bourse risers after it surged 15.12%, whereas Gulf Investment House’s (GIH) stock was the worst performer with 9.06%

Mubasher: The main price index of Boursa Kuwait ended Wednesday in the green zone after increasing 0.27% or 19 points to reach 6,924.92 points, whereas the weighted and Kuwait-15 indices tumbled 0.31% and 0.41%, respectively.

The banks sector shed 0.6% as Kuwait Finance House (KFH), and the National Bank of Kuwait stocks’ dropped 2.42%, and 0.89%, respectively.

The telecommunications sector lost 0.44% after the National Mobile Telecommunication's (Ooredoo Kuwait) stock went down 4.8%, whereas Mobile Telecommunications Company’s (Zain) stock rose 1%.

On the other hand, the industrials sector grew 1.7% as Kuwait Cement and Human Soft Holding stocks' increased 7.1%, and 4%, respectively.

Unicap Investment and Finance’s stock led the bourse risers after it surged 15.12%, whereas Gulf Investment House’s (GIH) stock was the worst performer with 9.06%.

Boursa Kuwait’s liquidity slid 23.7% reaching KWD 26.48 million on Wednesday against KWD 34.74 million on Tuesday, while trading volume levelled down 18.1% to 111.41 million shares, from 136.03 million shares.  

Al Imtiaz Investment Group’s stock, up1.1%, led in terms of trading volume after 17.31 million shares were exchanged, while KFH’s stock led in terms of traded value with a turnover of KWD 5.74 million.

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Source: Mubasher

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