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Kuwaiti indices close Thursday mixed; turnover down 21%

Kuwaiti indices close Thursday mixed; turnover down 21%
The trading volume recorded 101.74 million shares on Thursday

Mubasher: Boursa Kuwait registered a mixed performance at the end of Thursday’s trading session, with the All-Share, Premier, and Main market indices levelling down by 0.44%, 0.48%, and 0.33%, respectively, and the BK 50 Index marginally inching up by 0.01%.

The turnover fell by 21.2% to KWD 29.28 million, compared with KWD 37.15 million last Tuesday. The trading volume recorded 101.74 million shares, 24.8% less than 135.37 million.

The real estate segment came on top of seven fallers with 1.07%, whereas the basic materials instrument led three risers with 2.18%.

Munshaat Real Estate Projects Co. was the top declining stock with 18.5%, whereas Alargan International Real Estate headed the rising stocks with 9.9%.

Kuwait Finance House (KFH) posted the largest turnover of KWD 8.78 million, the stock closed down 0.78%.

KIB led the trading activity through the exchange of 31.09 million shares, the stock settled lower by 0.52%.