By: Mohamed Farouk

Mubasher: The indices of Boursa Kuwait registered a mixed performance during the week ended on 21 February for the third consecutive week.

The All-Share Market gained 53.7 points or 1.03% to 5,251.07 points from 5,197.38 points last week.

The All-Share Market of Boursa Kuwait is moving between the support level of 5,177 points and the resistance level of 5,255 points, capital market analyst Hassan Al Kandry told Mubasher.

Further liquidity is needed for the All-Share index to break the resistance level and reach 5,335 points as a first level, he added.

The Premiere Market added 1.52% or 82.4 points to 5,502.33 points from 5,419.95 points a week ago.

Meanwhile, the Main Market retreated 0.11% or 5.3 points to 4,791.09 points from 4,796.37 points.

As for liquidity, the trading value of Boursa Kuwait declined by 14.9% to KWD 114.17 million this week from KWD 134.15 million.

The trading volume decreased by 1.5% to 707.12 million shares from 718.15 million.

The number of transactions shrank by 5.8% to about 25,420 this week from nearly 26,970.