By: Mohamad Farouk

Mubasher: The Commercial Bank of Kuwait (CBK) was the top loser in Monday's mid trading, registering its lowest level in six months.

CBK’s stock went down 9.8% or 49 fils to reach 451 fils.

The decline of the stock followed a transaction on one share only at a value of KWD 0.5, while about 5,000 shares represented the orders on CBK.

The banking segment fell 0.78% in line with the decline of CBK’s stock.

The stock of CBK has broken several support levels, while the remaining support to be exceeded stands at 450 fils which may lead to a further decline to 400 fils, capital market analyst Nezar Yunis told Mubasher.