Arab Today, arab today kuwait stock exchange severely plummeted this week
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Kuwait stock exchange severely plummeted this week

Arab Today, arab today

Arab Today, arab today Kuwait stock exchange severely plummeted this week

Kuwait - KUNA

Kuwait Stock Exchange (KSE) indicators declined steeply in first week of March as selling operations were performed on both large-cap and small-cap, and witnessed the biggest decline in almost six months period, a report by Bayan Investment Co. said on Saturday. The market plunged due to the influence of adverse regional and global political events, where global market has suffered losses in the light of the investor's fears on the repercussions of the Russian crisis Ukrainian, the report noted. The withdrawal of a number of GCC ambassadors from Qatar has impacted on the performance of GCC stock markets in general, it said. The delay of many listed companies to announce its 2013 financial results had an effect on the stock market activity during the last week, due to the traders' fear of having some companies banned from trading, if the legal disclosure period has passed, as it will end by the end of the current month, and this in turn increased the watch and cautious state, and thus influenced the market trading activity, the report added. The green zone was not absent from the trading scene last week, with a limited effect however, as the stock market was able to realize gain after the traders' performed random purchasing operations, taking the chance of the price decline, which lightened the market losses. For the annual performance, the price index ended last week recording 0.56 percent annual loss compared to its closing in 2013, while the weighted index increased by 0.86 percent, and the KSX-15 recorded 1.32 percent growth. All of KSE's sectors ended last week in the red zone except for one sector. The Consumer Services sector headed the losers list as its index declined by 4. 16 percent to end the week's activity at 1,092.27 points. The Banks sector was second on the losers' list, which index declined by 3.19 percent, closing at 1, 040.19 points, followed by the Real Estate sector, as its index closed at 1, 366.44 points at a loss of 3.05 percent, it said. The Financial Services sector dominated total trade volume during last week with 453.09 million shares changing hands, representing 38.36 percent of the total market trading volume. The Real Estate sector was second in terms of trading volume as the sector's traded shares were 33.93 percent of last week's total trading volume, with a total of 400.80 million shares. On the other hand, the Banks sector's stocks were the highest traded in terms of value; with a turnover of K.D 41.74 million or 32.56 percent of last week's total market trading value. The Financial Services sector took the second place as the sector's last week turnover was K.D 34.36 million represented 26.80 percent of the total market trading value, the report concluded.

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*

Arab Today, arab today kuwait stock exchange severely plummeted this week Arab Today, arab today kuwait stock exchange severely plummeted this week

 



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*

Arab Today, arab today kuwait stock exchange severely plummeted this week Arab Today, arab today kuwait stock exchange severely plummeted this week

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
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