Mubasher: The Kuwaiti indices registered their best daily performance at Thursday’s close, to finish the week ended 30 April on a collective rise.

The All-Share Market went up by 1.77% on Thursday to settle at 4,975.39 points this week, compared to 4,686.543 points a week earlier, growing by 290 points or 6.2%.

The Premier Market levelled up by 1.72% to reach 5,356.25 when compared to 5,025.11 points last week after gaining 331.14 points or 6.6%. 

Moreover, the Main Market Index rose by 1.9% to stand at 4,226.44 from 4,018.32 points, up by 208.12 points or 5.2% on a weekly basis.

The BK 50 Index grew by 1.72% on Thursday and by 214.4 points or 5.4% weekly, reaching 4,187.27 points from 3,972.87 points.

Market’s liquidity rises 25%

For the whole week, Boursa Kuwait’s turnover leapt by 24.8% to stand at KWD 176.07 million from KWD 141.05 million in the previous week.

Weekly trading volume totalled 887.35 million shares, 27% higher than 698.83 million.

The number of concluded transactions amounted to 37,140 this week, up by 8.8% from 34,140.

It is noteworthy that Thursday’s session showed the largest daily turnover of KWD 43.25 million, while Tuesday’s session saw the highest daily trading volume of 226.13 million shares.