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Boursa Kuwait closes Sunday down

Boursa Kuwait closes Sunday down
The liquidity slipped to KWD 19.8 million on Sunday

Mubasher: Boursa Kuwait showed a negative performance at the end of Sunday’s trading session as the All-Share and the Premier markets sank by 0.46% and 0.57%, respectively, and the Main and the BK 50 indices fell by 0.17% and 0.26%, respectively.

The turnover amounted to KWD 19.8 million on Sunday, down by 48.4% from KWD 38.39 million in the previous session. The trading volume slid by 12.8% to reach 171.5 million shares from 196.8 million shares.

The oil and gas and banks sectors closed down by 2.53% and 0.88%, respectively, followed by the industrial index with a 0.53% decrease, whereas the basic materials instrument topped seven risers with 1.46%.

The National Petroleum Services (Napesco) came on top of the red zone with 5.37%, whereas Al Deera Holding headed the green zone with 24.38%.

Kuwait Finance House (KFH) logged the largest turnover of KWD 3.59 million, before closing down by 1.28%.

Gulf Petroleum Investment (PetroGulf) led the trading activity through the exchange of 50.54 million shares, the stock settled higher 3.29%.