By: Mohammad Farouk

Mubasher: The Boursa Kuwait’s indices grew at the end of Wednesday’s session, reaching their highest level in three months.

The All-Share Market and Main Market indices grew 0.1% and 0.24%, respectively, while the Premier Market index inched up 0.05%.

Trading volume shrank to 162 million shares and liquidity went down to KWD 25.48 million.

A group of seven sectors increased, topped by the telecom sector which added 0.56%, while four sectors declined, led by the technology sector which dropped 6.98%.

The nomination of a new prime minister in Kuwait which reflects political stability boosted market today, technical analyst Ali Al Solmi told Mubasher.

Translated by: Muhammad Abdul-Wakeel