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Kuwait market closes in red zone, volume drops - ARAB TIMES


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KUWAIT CITY, Dec 22: Kuwait stocks pulled lower on Tuesday extending the losses to third consecutive session. The Al Shares Index gave up early gains to close 29.63 points down at 5,558.49 pts weighed mostly by blue chips even as the overall mood remained downbeat.
The Premier Market slid 41.98 pts to 6,080.49 points while Main Market gave up 4.15 pts. The BK 50 Main index fell 3.41 points to close at 4,609.74 pts. The volume turnover meanwhile hit a two-week low. Over 166 million shares changed hands – down 22 pct from the day before.
The sectors closed mostly in red turf. Insurance outshone the rest with 4.32 pct jump whereas Technology slid 3.71 percent, the biggest loser of the day. Volume wise, Financial Services topped the volume with 46.8 million shares while Banking sector continued to dominate with KD 15.7 million. Among the day’s losers, sector bellwether National Bank of Kuwait slipped 5 fils to 843 fils after trading 4.8 million shares and K ....

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Kuwait extends gains in volatile session - ARAB TIMES


Humansoft Holding climbs 15 fils, Zain edges down
KUWAIT CITY, Dec 13: Kuwait stocks crept higher on Sunday extending last session’s modest gains. The All Shares Index climbed 12.94 pts to 5,572.84 points in a volatile session helped by some of the mid-caps even as the heavyweights closed narrowly mixed. The Premier Market rose 3.95 pts to 6,101.85 points while Main Market scaled 31.83 pts taking month’s gains to156 pts.
The BK 50 Main index sprinted 28.31 points to 4646.49 pts. The volume turnover meanwhile rebounded following the two-day drop. Over 240 million shares changed hands – a 13 pct rise from the last session. The sectors closed mostly in green turf. Utilities outshone the rest with 3.29 pct gain whereas Oil and Gas slipped 0.27 percent, the worst performer of the day. Volumewise, Financial Services continued to top with 115.2 million shares while Banking sector was ahead in value with over KD 8 million. ....

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