kuwait stock exchange ends september trading in green zone
Last Updated : GMT 15:31:11
Arab Today, arab today
Arab Today, arab today

Kuwait Stock Exchange ends September trading in green zone

Arab Today, arab today

Arab Today, arab today Kuwait Stock Exchange ends September trading in green zone

Kuwait Stock Exchange (KSE)
Kuwait - KUNA

Kuwait Stock Exchange (KSE) ended September in the green zone, backed by continued control of the active purchasing operations, a specialized economic report showed Wednesday.
In its monthly report, Bayan Investment Company stated that KSE's Price Index closed at 7,621.51 points, up by 2.57 percent compared to the closings of the month before, the Weighted Index increased by 0.49 percent after closing at 494.44 points, whereas the KSX-15 Index closed at 1,203.82 points increasing by 0.28 percent.
"Furthermore, last month's average turnover increased by 41.81 percent, compared to the preceding month, reaching K.D 28.06 million, whereas trading volume average was 274.67 million shares, recording increase of 41.60 percent," reads the report.
As far as the stock market performance during the last month; the three indices were able to close in the green zone supported by the continued control of the active purchasing operations on the trading activity, which concentrated apparently on the small-cap stock,.. which positively impacted the Price Index performance and enabled it to break the 7,600 point up during last month, to compensate all its loss since the beginning of the year.
It added that the positive trading activity witnessed by some large-cap and blue-chip stocks was positively reflected on the Weighted Index and KSX-15 Index performances, to join the Price Index and close the month's trading activity in the green zone for the third consecutive month.
"In addition, it was noticed during last month's trading activity the return of the quick speculations to influence the market performance, whereas such operations included many listed stocks, headed by the small-cap ones in the Financial and Real Estate sectors, which contributed to enhancing the trading levels, especially the value, which witnessed a noticeable increase by the end of the month when compared to its level in August." On the contrary, the stock market was subject to some selling and profit collection operations executed on a number of listed companies during some daily sessions, whereas it concentrated on the large-cap and operational stocks, especially that of previous gains, which limited the gains of the stock market indicators, mostly the Weighted and KSX-15 indices.
On the other hand, Bayan report expected that by the end of September that the market enters into a new phase of watch and caution, waiting for the listed companies third quarter financial results, which will shape to a great extent such companies' performance for the year 2014.
For the annual performance, the price index ended last month recording 0.95 percent annual gain compared to its closing in 2013, while the weighted index increased by 9.18 percent, and the KSX-15 recorded 12.67 percent increase.
On the sectorial level, the figures showed that ten of KSE's sectors ended last month in the green zone except for two sectors.
"Last month's highest gainer was the Consumer Services sector, achieving 4.52 percent growth rate as its index closed at 1,224.77 points. Whereas, in the second place, the Financial Services sector's index closed at 1,073.86 points recording 4.29 percent increase," reads the report.
"On the other hand, the Oil & Gas sector was last week's loser as its index declined by 2.90 percent to end the week's activity at 1,246.73 points. Followed by Technology sector as its index declined by 0.70 percent to end the week's activity at 1,001.17 points."

arabstoday
arabstoday

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance

GMT 02:47 2017 Wednesday ,15 November

Asian markets down as fears grow for US tax reform

GMT 19:56 2017 Tuesday ,14 November

Bahrain Bourse daily trading performance
Arab Today, arab today
Arab Today, arab today

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 september trading in green zone kuwait stock exchange ends september trading in green 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 september trading in green zone kuwait stock exchange ends september trading in green 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 Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
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 Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
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 Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
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 Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
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 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

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 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

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