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Boursa Kuwait opens Thursday on positive note

Boursa Kuwait opens Thursday on positive note
The real estate sector inched up 0.58%

Mubasher: The indices of Boursa Kuwait started Thursday’s trading session in green territory after the All-Share Market index, the Main Market index, and the Premier Market index rose 0.08%, 0.02%, and 0.12%, respectively.

By 9:26 am Kuwait time, the real estate sector inched up 0.58% after Munshaat Real Estate Projects’ stock increased, whereas the consumer services sector inched down 0.3% after Oula Fuel Marketing’s stock tumbled 4.2%.

Munshaat Real Estate Projects’ stock was the best performer with 3.6%, whereas the stock of Kuwait and Middle East Financial Investment (KMEFIC) was the worst performer with 8.8%.

The bourse’s trading volume reached 3.83 million shares exchanged through 245 transactions at a turnover of KWD 626,000.

Burgan Bank’s stock, which stabilised at 276 fils, was the most active after 640,400 shares were exchanged with a liquidity of KWD 176,700.