KUWAIT, March 31 (KUNA) -- The value of daily trading at the Kuwait Stock Exchange (KSE) edged up by 87.2 percent last week, according to a weekly economic report.

The liquidity of the Kuwait Stock Exchange (KSE) in the first quarter of this year shot up by roughly KD 2.381 billion compared to around KD 1.230 billion in the same period last year, AlShall weekly economic report showed here Saturday.

Daily turnover at the KSE went up by 87.2 percent or KD 39 million in the first quarter of 2012 against KD 20.8 million in the same period last year, it said.

A total of 27.471 billion shares changed hands in the reporting period, with approximately 450.4 million shares traded on a daily basis, compared to 8.

731 billion, up 204.3 percent, with 148 million shares traded daily, in the same period last year, the report indicated.

The average daily rate of transactions rose to 5,301 in the first quarter of 2012 from 2,241 in the same period 2011, it said.

The size of the capital of 205 companies registered with the KSE hit KD 29.

8 billion between December 31, 2011 and the first quarter of this year, a hike of KD 723.8 million, or 2.5 percent.

The value of 97 out of 205 firms went up, while 66 firms declined and 42 others remained unchanged, the report showed.

Another report released by Bayan Investment Company indicated that the KSE ended last week by mixed losses in its key indexes, saying the KSE failed to boost its 11-week gains The market was affected by delay in the disclosure by KSE-listed firms of financial results for 2011, causing fears over possible trading suspension, the report showed.

Accordingly, a number of dealers were reluctant to deal with the market, negatively affecting the value of trading and then major sales mainly involving corporate shares, it said.

Although some companies delivered their 2011 financial results to the KSE administration last week, investors were concerned over trading.

The key indexes of the market sustained losses by the end of last week owing to major sales and profit-taking operations by some investors, the report indicated.