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Middle East Business: Boursa Kuwait gets CMA nod to restructure Premier Market needs

Middle East Business: Boursa Kuwait gets CMA nod to restructure Premier Market needs
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Kuwait s bourse wraps up week with downtick - ARAB TIMES

Messenger KUWAIT CITY, Dec 24: Kuwait stocks edged lower on Thursday to end the week on dour note. The All Shares Index fell 3.44 points in choppy trade to 5,569.39 pts even as the overall mood remained turned negative. The Premier Market slipped 5.96 pts to 6,088.43 points while Main Market ticked 1.78 pts higher. The BK 50 Main index was down 9.51 pts at 4,617.81 points. The volume turnover meanwhile receded after last session’s uptick. Over 161 million shares changed hands – down 13 pct from the day before. The sectors closed mixed. Insurance outshone the rest with 1.9 percent gain whereas Consumer Goods shed 0.68 pct, the worst performer of the day. Volume wise, Financial Services topped with 78.83 million shares while Banks dominated in value with KD 8.2 million.

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

Messenger 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 Kuwait Financ

Kuwait bourse wraps up week on cheery note - ARAB TIMES

NBK rallies 23 fils, Humansoft Holding skids KUWAIT CITY, Dec 17: Kuwait stocks swung higher on Thursday following last session’s small pullback to wind up the week on a cheery note. The All Shares Index rebounded 58.04 points to 5,642.38 pts powered by National Bank of Kuwait and some of the other blue chips. The Premier Market galloped 74.74 points to 6,176 pts while Main Market scaled 23.79 points. The BK 50 Main index was up 4.48 pts at 4,664.56 points. The volume turnover meanwhile soared past the 300 million mark to hit week’s highest level. 307 million shares changed hands – a 29 pct surge from the day before. The sectors closed mostly in green turf. Insurance outshone the rest with 4 pct jump whereas Consumer Goods shed 1.99 percent, the worst performer of the day. Banking sector topped in both volume and value with 126 million shares traded for KD 74.69 million.

Kuwait index heads north, volume up - ARAB TIMES

Mabanee Co rallies 18 fils, Humansoft Holding slips KUWAIT CITY, Dec 15: Kuwait stocks pulled higher on Tuesday after closing nearly flat in the previous session. The All Shares Index climbed 27.56 pts to 5599.21 points helped by fresh buying in some of the heavyweights and mid-caps. The Premier Market scaled 22.16 points taking the month’s gains to 102 pts while Main Market swung 39.14 pts higher to 4592.29 pts. The BK 50 Main index gained 31.69 points. The volume turnover meanwhile saw a modest rise. Over 224 million shares changed hands – up 6 pct from the day before. The sectors closed mostly in the green turf. Oil and Gas outpaced the rest with 6 pct jump whereas Utilities shed 1 percent, the biggest loser of the day. Financial Services continued to top with over 72 million shares while Banking sector dominated in value with KD 16.6 million. Among the standout performers, Mabanee Co rallied 18 fils to 680 fils on back of 2.2 million shares while Tamdeen Investment sprinte

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