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Boursa Kuwait closes Wednesday in decline for 2nd straight session

Boursa Kuwait closes Wednesday in decline for 2nd straight session
The basic materials segment led the decliners with 1.45%

Mubasher: The indices of Boursa Kuwait closed Wednesday with a massive decline for the second session in a row in line with a drop in the trading activity.

The All-Share, Premier, and Main markets retreated by 0.05%, 0.01%, and 0.13%, respectively.

The basic materials segment led the decliners with 1.45%, while the telecom segment topped the gainers with 0.33%.

Tahssilat led the decliners with 14.3%, while Osos topped the gainers with 9.8%.

Boursa Kuwait’s turnover shrank by 39.8% to KWD 20.33 million on Wednesday from KWD 33.76 million in the previous session after the trading volume shrank by 34.9% to 99.98 million shares from 153.54 million.

Ahli United Bank (AUB) Bahrain was the most active stock on which 22.77 million shares were exchanged at a value of KWD 4.82 million, the stock went down 0.47%.