High sales affect stock performance in Kuwait

GMT 22:30 2014 Sunday ,07 December

Arab Today, arab today High sales affect stock performance in Kuwait

Kuwait Stock Exchange (KSE)
Kuwait - KUNA

The Kuwait Stock Exchange (KSE) on Sunday commenced this week's trading session at a drop over high sales for operating and middle-market companies, thus negatively impacting on stock performance.
Thus, it has reflected the slight monetary trading value and reduced the volume of stocks, thus sending the bourse into the red zone.
Market-makers were conspicuous by absence during today's trading session as leading investment groups intervened only to support their own stakes.
Cheap shares worth only 100 fils, together with selective stocks, attracted some investment portfolios.
The main indices of the Kuwait Exchange (KSE) remained bearish throughout Sunday's session, with the benchmark, upon closing, shedding 26.6 points dropping to 6,749 points.
The weighted index lost 3.72 points and Kuwait 15, 11.5 points.
Kuwait 15 index reflected trades in blue chips.
A total of 96.8 million shares valued in the vicinity of KD 8.99 million were traded in 2,423 transactions.

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بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
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