KUWAIT, April 21 (KUNA) -- Kuwait Stock Exchange (KSE) ended last week in the green zone to retain upward trend for the second week in row amid massive purchasing operations that covered almost all sectors, a specialized economic report.
The report, compiled by Bayan Investment, noted that the price index ended last week up by 7.7 percent while weighted index advanced by 2.7 percent compared with their value at the start of the year.
It noted that the market was supported by the buying trend on some leading stocks, especially in banking sector. The quick speculations also participated with a positive effect.
Moreover, KSE performance was marked with hesitation as a result of some profit-taking operations, which pushed the market indices to close in the red zone in two sessions.
KSE total market capitalization dropped by 0.31 percent during last week to reach K.D. 28.4 billion.
Bayan data showed that six out of KSE's eight sectors recorded an increase in their respective market capitalization.
Upward trend dominates Kuwait stock market for second week
April 21, 2012




















