Kuwait Stock Exchange trading begins week downward

Three main indices of Kuwait Stock Exchange (KSE) dropped in early time of Sunday's session, with the benchmark reading 6,383 points, shedding up to 80 points.
Following suit, the weighted index lost 4.37 points, while the Kuwait-15 index, which reflects trading in blue-chips, lost 13.7 points.
Value of traded shares has reached approximately KD 7.93 million, while volume of traded stocks amounted to 30.7 million, done in 1,780 transactions.
The KSE trading has been generally bearish. Bayan Investment Company, in a lengthy report released on the weekend, showed that the KSE indicators declined steeply for the second consecutive week, in light of the continued selling pressures over trading during most of last week's sessions.
The report also said hefty selling negatively affected all market indicators, to witness a strong drop of more than four percent, ending the past week in the red zone.