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Boursa Kuwait ends Sunday lower

Boursa Kuwait ends Sunday lower
Turnover retreated to KWD 27.81 million on Sunday

Mubasher: Boursa Kuwait declined at Sunday’s close amid low trading activity, as the Premier and All-Share indices dropped by 0.71% and 0.59%, respectively, while the BK Main 50 and Main Market indices slipped by 0.28% and 0.2%, respectively.

Turnover shrank to KWD 27.81 million on Sunday compared to KWD 37.04 million in the previous session. Trading volume stood at 209.59 million shares, down from 417.93 million shares on Thursday.

The oil and gas sector headed 10 losers with 1.32%, whereas the consumer goods sector was the only gainer and rose by 0.49%.

Metal and Recycling Company was the top faller with 10%, whereas Burgan Company for Well Drilling, Trading, and Maintenance led the risers with 9.93%.

Kuwait Finance House (KFH), down 1.10%, recorded the highest turnover of KWD 6.85 million, while Investors Holding Group, down 8.33%, led the trading activity through the exchange of 40.01 million shares.