kuwait stock exchange ends last week in red zone
Last Updated : GMT 13:05:20
Arab Today, arab today
Arab Today, arab today

Kuwait Stock Exchange Ends Last Week in Red Zone

Arab Today, arab today

Arab Today, arab today Kuwait Stock Exchange Ends Last Week in Red Zone

Kuwait Stock Exchange
Kuwait - QNA

Kuwait Stock Exchange (KSE) ended last week in the red zone, with the Price Index closed at 5,394.84 points, down by 0.29% from the week before closing. 
The Weighted Index decreased by 0.91% after closing at 351.69 points, whereas the KSX-15 Index closed at 806.94 points down by 0.95%, Kuwait's Bayan Investment said in its weekly report. 
Furthermore, last week's average daily turnover increased by 29.43%, compared to the preceding week, reaching K.D 9.01 million, whereas trading volume average was 90.57 million shares, recording an increase of 16.26%. 
The three stock market indicators declined as a result to the selling trend that was subject to during most of the week’s session for profit collection purposes, whereas the selling pressures concentrated on the leading and heavy stocks in the market, amid a fluctuated performance due to the presence of the speculative operations and its effect on the trading activity. On the contrary, the market was able during some daily sessions of the week to increase supported by the random purchasing operations witnessed by some stocks, which limited the three indices’ losses on the weekly level. 
By the end of the week, the market capitalization for KSE reached K.D. 22.94 billion down by 0.81% compared to its level in a week earlier, where it reached then K.D. 23.13 billion; on an annual level, the market cap for the listed companies in the market dropped by 9.21% from its value at end of 2015, where it was K.D. 25.27 billion. 
As far as KSE annual performance, the price index ended last week recording 3.92% annual loss compared to its closing in 2015, while the weighted index decreased by 7.86%, and the KSX-15 recorded 10.38% loss. 
On sectors’ indices, Bayan said that six of KSE’s sectors ended last week in the red zone, five recorded increases, whereas the Health Care sector’s index closed with no change from the week before. 
The Real Estate sector headed the losers list as its index declined by 1.94% to end the week’s activity at 834.38 points. The Banks sector was second on the losers’ list, which index declined by 1.52%, closing at 798.50 points, followed by the Telecommunications sector, as its index closed at 603.44 points at a loss of 1.42%. The Financial Services sector was the least declining as its index closed at 562.50 points with a 0.55% decrease. 
On the other hand, last week’s highest gainer was the Oil & Gas sector, achieving 5.37% growth rate as its index closed at 782.84 points. Whereas, in the second place, the Consumer Goods sector’s index closed at 1,124.72 points recording 2.06% increase. The Basic Materials sector came in third as its index achieved 1.08% growth, ending the week at 957.73 points. 
On sectors’ activity, the company said that the Financial Services sector dominated a total trade volume of around 218.17 million shares changing hands during last week, representing 48.18% of the total market trading volume. The Real Estate sector was second in terms of trading volume as the sector’s traded shares were 11.64% of last week’s total trading volume, with a total of around 52.73 million shares.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait stock exchange ends last week in red zone kuwait stock exchange ends last week in red zone

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait stock exchange ends last week in red zone kuwait stock exchange ends last week in red zone

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday