The main indices of the Boursa Kuwait declined in the beginning of the week session, as the main index decreased by 0.12 percent compared to its closing at the end of last week, affected by the decline of the Premier Market index by 0.13 percent and the decline of the main market and “main 50” indices by 0.09 and 0.02 percent respectively.
In yesterday’s trading value amounted to about 19.23 million dinars, recording the lowest liquidity since last March 26 session, i.e. in 5 months, while the volumes traded yesterday amounted to about 93.22 million shares, which is the lowest level since mid-May, reports Al-Rai daily.
The market value of the total listed companies lost about 50.4 million dinars yesterday, to close at 41.8 billion dinars, according to Kamco Invest’s accounts.
The indices of 6 sectors declined compared to their closings last Thursday, led by the financial services sector, with its index declining by 0.4 percent, then consumer goods by 0.29 percent, and banks by 0.18 percent.
The indices of 4 sectors rose, led by the basic materials sector, with its index rising by 1.06 percent, followed by the real estate sector by 0.46 percent, while the indices of 3 sectors were stable at their closings in the previous session, namely health care, utilities, and technology.
At the stock level, the share prices of 54 out of 110 companies that were traded yesterday fell, while the prices of 37 shares rose, led by “equipment” by 9.36 percent, and the prices of 19 shares were stable.
Five stocks captured about half of the total stock market liquidity yesterday, specifically 49.8 percent of the total trading value, led by “KFH” whose transactions amounted to 3.074 million dinars, then “Kuwait Real Estate” with 2.974 million, and “Arzan” with 1.422. million, and “Eva” with 1.361 million, and fifth “Arabi Holding” with 739.13 thousand dinars.