By: Mohamed Farouk
Mubasher: The indices of Boursa Kuwait started Monday’s trading session with a massive drop as the All-Share, Premier, and Main markets shed 0.1%, 0.09%, and 0.11%, respectively.
The stock exchange's indices are expected to see a negative performance on Monday on the back of a profit-taking trend, capital market analyst Yacoub Al Mashaan told Mubasher.
Trading activities started today's session in green, and they are forecast to continue this positive trend in the next sessions, Al Mashaan added.
By 9:21 am Kuwait time, the consumer services led losers with 0.48%, followed by the industrials sector with 0.2%, while the oil and gas segment was the best performer with 0.04%.
Sultan Center Food’s stock led losers with 5%, while Al Massaleh Real Estate’s stock was the best performer after adding 6.1%.
Boursa Kuwait’s traded volume hit 11.6 million shares exchanged through 477 transactions at a turnover of KWD 2 million.
The National Bank of Kuwait’s (NBK) stock, which remained stable at 843 fils, topped the market in terms of liquidity with KWD 465,400, while the stock of Boubyan International Industries Holding, down 4.7%, led in terms of trading volume with 2 million shares.
