Mubasher TV
Contact Us Advertising   العربية

Boursa Kuwait’s ends week in green; market cap adds KWD 330m

Boursa Kuwait’s ends week in green; market cap adds KWD 330m
Market capitalisation levelled up by 1.2% or KWD 330 million

By: Eman Ghaly

Mubasher: Boursa Kuwait ended this week’s trades in the green zone, while market capitalisation added KWD 330 million.

The price index increased 0.81% to reach 6,309.31 points, rising 50.84 points.

During this week, the weighted index rose 1.87% and Kuwait 15 index grew 1.65%.

Market capitalisation levelled up by 1.2% or KWD 330 million to reach KWD 27.31 billion, compared to KWD 26.98 billion the week before.

 Meanwhile, trading activities declined as volumes dropped 34.9% to reach 397.46 million shares from 610.29 million in the previous week, while traded value fell 43.3% to reach KWD 70.57 million in the current week, versus KWD 124.35 million last week.

As for the transactions, they declined 21.7% to around 17,890 transactions this week from 22,850 transactions a week ago.