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Boursa Kuwait market cap loses KWD 560m in 3 sessions

Boursa Kuwait market cap loses KWD 560m in 3 sessions
The market cap dropped 1.18% or KWD 320 million on Tuesday

By: Mohamad Farouk

Mubasher: Boursa Kuwait closed Tuesday’s session in the red zone, falling for the third session in a row.

The market cap dropped 1.18% or KWD 320 million to end Tuesday at KWD 26.75 billion ($88.8 billion).

In the past three sessions, the market cap lost 2.05% or KWD 560 million, while it closed the past week at KWD 27.31 billion.

Since the beginning of 2017, the market cap of Boursa Kuwait achieved a gain of 1.87% or KWD 490 million compared to KWD 26.26 billion by the end of 2016.