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Boursa Kuwait opens Tuesday in green

Boursa Kuwait opens Tuesday in green
Marakez headed the winners with 7.9%

Mubasher: The indices of Boursa Kuwait started Tuesday’s trading session with a massive increase, as the All-Share and Premier markets went up by 0.05% each, while the Main market added 0.04%.

By 9:15 am Kuwait time, the financial services segment topped the gainers with 0.425%, followed by the real estate sector with 0.22%, while the telecom segment led the decliners with 0.85%.

Marakez headed the winners with 7.9%, while Al Arabiya Real Estate led the losers with 3.7%.

Boursa Kuwait’s turnover amounted to KWD 3.3 million after 16 million shares were exchanged through 560 transactions.

Ahli United Bank (AUB) Bahrain was the most active stock on which 9.8 million shares were traded at a value of KWD 2.16 million. The stock went up 1.9%.

On Monday, AUB Bahrain announced it has received a call for signing a memorandum of understanding (MoU) with Kuwait Finance House (KFH) for a possible merger.