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Boursa Kuwait extends gains for 3rd straight session on Sunday

Boursa Kuwait extends gains for 3rd straight session on Sunday
The All-Share Market index added 0.05%

Mubasher: The indices of Boursa Kuwait closed Sunday’s trading session with a massive rise for the third session in a row.

The All-Share Market index added 0.05%, while the Premier Market and Main Market indices grew 0.03% and 0.1%, respectively.

The telecom sector topped seven gainers with 1.03%, while the insurance segment headed three decliners with 0.73%.

National Industries Group Holding’s (NIND) stock topped winners with a 9.39% growth, while Warba Insurance’s stock led the losers with 16.6%.

The bourse’s traded volume dropped 24.9% to 123.26 million shares on Sunday, against 164.19 million on Thursday, while liquidity fell 34.2% to KWD 11.44 million, compared to KWD 17.39 million.

Mobile Telecommunications’ (Zain) stock, which hiked 1.3%, posted the highest liquidity of KWD 1.71 million, while Aayan Leasing and Investment’s stock, which edged down 0.83%, was the most active stock on which 11.82 million shares were exchanged.