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Boursa Kuwait mixed on Monday; turnover down 45%

Boursa Kuwait mixed on Monday; turnover down 45%
The turnover plunged to KWD 51 million on Monday

Mubasher: The Kuwaiti indices saw a mixed performance on Monday, with the All-Share and Premier market indices levelling up by 0.93% and 0.5% respectively, and the Main and BK 50 indices edging lower by 0.54% and 0.99%, respectively.

The turnover plunged by 45.2% on Monday to KWD 51 million from KWD 93.13 million in the previous session. Trading volume recorded 171.83 million shares, down by 47.3% from 325.78 million on Sunday.

At the sector level, the telecom sector headed three risers with 2.78%, whereas the basic materials sector led seven fallers with 1.44%.

Livestock Transport and Trading Company came on top of the gainers with 12.18%, whereas Kuwait Investment topped the decliners with 9.17%.

Kuwait Finance House (KFH) posted the largest turnover of KWD 15.08 million and closed up by 3.5%.

Ahli United Bank – Bahrain (AUB Bahrain) led the trading activity through the exchange of 44.36 million shares and declined by 8.26%.