Tamdeen Investment gains 15 fils, Mabanee dips
KUWAIT CITY, Jan 21: Kuwait stocks ticked up on Thursday to close the week on a positive note. The All Shares Index rose 6 points in volatile session to 5,687.17 points paced by mid and small caps even as the heavyweights closed mixed. The Premier Market eased 1 points to 6,201 pts while Main Market climbed 20.78 points to 4,676.59 pts. The BK Main 50 scaled 21.42 pts.
The volume turnover, meanwhile, dipped as it extended Wednesday’s slight pullback. Over 238 million shares changed hands – down 24 pct from the day before. The sectors closed mostly in green territory. Technology sector outshone the rest with 2.84 percent gain whereas Consumer Goods shed 0.51 pct, the biggest loser of the day. Volume wise, Financial Services continued to top with 89.98 million shares while Banking Sector dominated in value with KD 8.6 million.
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
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Our vision is focused on revolutionizing our customer experience in the near future: Al Qenai
KUWAIT CITY, Jan 9: Kuwait International Bank (KIB) recently added a new award to its track record of prestigious accolades, by garnering the “Best Bank in Terms of Branch Design for the Year 2020” Award from World Union of Arab Banks (WUAB).
Naser Al Qenai
KIB was awarded at the Arab Banks Awards & Commendations of Excellence 2020, which was organized for the sixth year in a row by the Banking Executive Magazine (the Monthly publication of the World Union of Arab Bankers) to honor the achievements of Arab banks.
YIACO dips 27 fils, Humansoft Holding flat
KUWAIT CITY, Dec 31: Kuwait stocks edged slightly lower on Thursday to wrap up the year on a tepid note. The All Shares Index slipped 3.88 pts in choppy session to 5,546 points even as the overall mood remained mixed. The Premier Market slipped 6.27 pct to 6,051 points trimming the month’s gains to 43 pts while Main Market ticked 1 pts higher.
The BK 50 Main index was down 6.5 points at 4,636.35 pts. The volume turnover meanwhile rose for the fourth straight session. Over 263 million shares changed hands – a 5 pct rise from Wednesday.
The sectors closed mixed. Oil and Gas outshone the rest with 1.41 pct gain whereas Insurance shed 2.90 percent, the worst performer of the day. Volume wise, Financial Services topped the volume with 186 million shares while Banking sector dominated in value with KD 27.5 million. In the individual shares, National Bank of Kuwait fell 3 fils to 840 fils after pushing 3.4 million shares and Kuwait Finance