Kuwait Stock Exchange indexes in upward trend

GMT 14:10 2014 Tuesday ,02 December

Arab Today, arab today Kuwait Stock Exchange indexes in upward trend

Kuwait Stock Exchange (KSE)
Kuwait - KUNA

Benchmark of Kuwait Stock Exchange (KSE) gained 43.1 points in middle of Tuesday's session, reaching level of 6,800 points, thus remaining on the bullish track since rebounding in the end of Monday's session.
Meanwhile, the weighted index also rose, three points, followed by Kuwait 15 index, 6.18 points.
Value of traded shares reached some KD 10.4 million and volume of exchanged stocks, approximately 132.4 million, done in 2,583 transactions.
The KSE main indices rebounded upon closing Monday's session, after remaining drastically bearish since early Sunday till most hours of yesterday's session. In the yesterday's closing, the KSE benchmark climbed 3.97, reaching 6,756 points, while the weighted index posted slight rise of 0.77 points and Kuwait 15 index increased 3.3 points. Value of traded shares had reached KD 18.8 million, volume of traded stocks 235.6 million, done in 4,817 transactions.
The indexes, according to analysts, had plummeted largely due to OPEC's decision to main output of crude oil. The decision had also affected other bourses of the GCC countries, mostly major oil producing states that heavily depend on crude sales' revenues.

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