|06 September, 2018

Boursa Kuwait opens Thursday on mixed note

The mixed performance is expected to extend over a long period during Thursday

Mubasher: The indices of Boursa Kuwait started Thursday with a mixed performance after the Main Market index inched up 0.06%, whereas the All-Share Market index and the Premier Market index fell 0.28% and 0.45%, respectively.

The mixed performance is expected to extend over a long period during Thursday, capital market analyst Yacoub Al Mashaan told Mubasher.

He forecast the Kuwaiti bourse to close on a negative performance by the end of the last session of this week.

By 9:25 am Kuwait time, the consumer goods sector rose 0.235%, whereas the telecommunication segment declined 0.9%.

Sultan Center Food’s stock led risers with 3.45%, whereas the stock of Tamdeen Investment was the worst performer with 6.7%.

The bourse's trading volume reached 7.6 million shares exchanged at a turnover of KWD 1.8 million through 470 transactions.

The National Bank of Kuwait’s (NBK) Stock, down 0.5%, topped Boursa Kuwait in terms of traded value with a turnover of KWD 562,000, while Al Imtiaz Investment Group’s stock, up 2.5%, led the market in terms of trading volume after 1.7 million shares were exchanged.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities