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Kuwait stock market ticks slightly higher in choppy session - ARAB TIMES


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KUWAIT CITY, Feb 15: Kuwait stocks crept higher on Monday after treading water in the previous session. The All Shares Index ticked 2.25 points higher in a choppy session to 5698.95 points helped by some of the blue chips even as the broader sentiment remained soggy. The Premier Market rose 4.60 points to 6,214.08 pts paring the month’s losses to 93 points while Main Market gave up 3.21 points. The BK Main 50 was little changed at 4,859.54 pts. The volume turnover meanwhile was a marginal fall following Sunday’s uptick. Over 362 million shares changed hands – down 1 pct from the day before.
The sectors closed mixed. Technology outshone the rest with 13.2 pct gain whereas Oil and Gas shed 0.66 percent, the worst performer of the day. Financial Services topped in both volume and value with over 201 million shares traded for KD 15.4 million. Among the notable movers, Mabanee Co extended last session’s gains with 6 fils jump to 675 fils while National Invest ....

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