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Boursa Kuwait falls on Sunday amid lower liquidity

Boursa Kuwait falls on Sunday amid lower liquidity
The telecom segment led ten decliners with 2.03%

Mubasher: The All-Share Market index of Boursa Kuwait retreated 0.61% at Sunday’s close, in line with the decline of both the Main and Premier markets with 0.6% and 0.61%, respectively.

Boursa Kuwait’s turnover shrank by 46.3% to KWD 22.13 million on Sunday from KWD 41.22 million in the previous session, and the trading volume decreased by 39.8% to 124.44 million shares from 206.86 million.

The telecom segment led ten decliners with 2.03%, while the stock market did not register any gainers.

Ekttitab led the losers with a fall of 8.77%, while Al Massaleh Real Estate headed the winners with 9.77%.

KFH posted the highest turnover of KWD 4.69 million, the stock went down 0.44%.

Al Imtiaz was the most active stock on which 14.23 million shares were exchanged, the stock closed at 131 fils.