Popular stocks trades dominate scene at Kuwait stock exchange

The week KSE trading came to an end on Thursday with the main indices settling in the green zone, due to traders' focus on stocks of leading investment groups and noticeable dealings in those of operational companies. Traders tended in today's session to deal in stocks of banks and other small chips, 100 fils and below (also dubbed as the popular stocks). The week final sessions also witnessed intensive pressure by speculators on prices with aim of nudging small traders to abandon the cheap chips and pave way for the major players to assemble them. Next week is forecast to witness comeback of liquidity after the major players started pumping funds into the market, targeting stocks of non-Kuwaiti companies Trades of Warba Bank amounted to 5.6 million stocks, done through 1,577 cash deals, amounting to KD 2.07 million