KSE index fails to shake off red

The price index of Kuwait Stock Exchange failed to shake off the red and ended Wednesday trade on 6,488.8 points, a down of 4.7 points, while the weighted index ended trade on 463.58 points, a down of 0.17 points. Trades came to 3,829 transactions worth KD 54,664,650 and volume came to 280, 035,000 shares. Five out of eight sector indices were in green, however, the biggest gain of 50 points seen with banks, followed by the non-Kuwaiti companies index with an up of 30.3 points and the food index at a gain of 10.8 points. The two loser sectors were services, down 74.3 points, and investment, down 11.1 points. The insurance index remained unchanged. As for single share performance, Al-Massaleh Real Estate was the top gainer share, biggest loser was International Financial Advisers, and top volume share was that of Abyaar Real Estate Development Company. The top five volume shares were Abyaar along with International Financial Advisers, National Ranges Company, National Bank of Kuwait, and Kuwait Real Estate Company.