
Kuwait Stock Exchange (KSE) posted significant hike at closing of Tuesday's session, partly due to resumption of hefty blue chips' dealings.
THe bullish atmosphere was reflected in record increase of the traded shares' volume and restored hike of cash trades. Kuwait 15 index was in lead among the rallying indices due to trades by some financial portfolios and funds on operating stocks, notably one of the most important "logistical stocks," in addition to a key banking blue chip.
Trades targeted most of the listed stocks of various sectors, without exemption, despite high speculation for the second day in a row, targeting selected chips and some "popular shares," as well as a small number of chips, above 100 fils.
Reports about Saudi acquisition of a major Kuwaiti food company have lured traders to its shares, seeking to seize the opportunity, in the event these reports have been substantiated.
Trading came to an end on Tuesday with the board at Kuwait Stock Exchange showing green digits as the weighted index ended up on a gain of 2.39 points, the price index reaching 7,310 points, up 43.4 points, and the KSX 15 closed at a gain of 6.94 points.
The session saw 5,153 trades worth KD 26.7 million, with 277 million stocks changing hands.
Top gainer share for the day was (KSHC), and biggest loser was (NCCI). The day's volume top five were (GFH), (COAST), (KRE), (ALMADINA), and (GPO).
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor