National Bank of Kuwait adds 3 fils, YIACO skids
KUWAIT CITY, Jan 18: Kuwait stocks crept higher on Monday after treading water in the previous session. The All Shares Index rose 8.23 points in a volatile session to 5662.57 pts helped by heavyweights even as the overall sentiment remained mixed.
The Premier Market climbed 15.72 points to 6186.75 pts taking the month’s gains to 135 pts while Main Market gave up 7.34 points. The BK 50 Main index ticked 1.56 points higher to 4794.50 pts. The volume turnover meanwhile saw a modest increase following Sunday’s drop. Over 229 million shares changed hands – up 11 pct from the day before.
The sectors closed mixed. Insurance outpaced the rest with 1.11 pct gain whereas Oil and Gas skidded 1.95 percent, the biggest loser of the day. Volume wise, Financial Services topped with 123.8 million shares while Banking sector dominated in value with KD 11.4 million. Among the standout performers, National Bank of Kuwait rose 3 fils to 853 fil