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KUWAIT CITY, March 2: Kuwait stocks sagged on Tuesday, partly reversing last session’s modest gains. The All Shares Index fell 8.22 pts in a volatile session to 5,677.55 pts weighed by some of the counters even as the broader sentiment remained soggy. The Premier Market slipped 7.63 points to 6,192.98 pts while Main Market eroded 9.94 points. The BK Main 50 was down 6.88 pts at 4,846.37 points. The volume turnover meanwhile shrank after the four-day rise. Over 210 million shares changed hands – down 18 percent from the day before.
The sectors closed mixed. Insurance outshone the rest with 1.7 pct gain whereas Oil and Gas shed 1.23 percent, the worst performer of the day. Volume wise Financial Services topped with 66.3 million shares while Banking sector was ahead in value with over KD 18 million shares. In the individual shares, sector bellwether National Bank of Kuwait dialed up 2 fils on back of 4.8 million shares extending last session’s robust gains while Kuwai