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Kuwait gains momentum as Agility shines, volume rises - ARAB TIMES


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KUWAIT CITY, May 5: Kuwait stocks gained momentum on Wednesday following the three-day advance. The All Shares Index rallied 49.34 points to 6,232.97 pts paced by Agility and some of other blue chips and mid caps even as the banks remained largely muted. The Premier Market soared 74.17 points to 6,757.82 pts taking the month’s gains to 130 points while Main Market slipped 7.16 points. The BK Main 50 scaled 20.86 points to close at 5,410.62 pts. The volume turnover meanwhile continued to rise for the second straight session. Over 525 million shares changed hands – up 5 percent from the day before. The sectors closed mixed. Insurance outpaced the rest with 6.41 percent gain whereas Technology slid 3.67 percent, the steepest decliner of the day. ....

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Kuwait's stock market ends in red turf after volatile session - ARAB TIMES


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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 wh ....

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Kuwait's bourse wraps up week with downtick - ARAB TIMES


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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. ....

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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 Investmen ....

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