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.
Boursa climbs 13 fils, Humansoft Holding skids
KUWAIT CITY, Dec 10: Kuwait stocks eked modest gains on Thursday to end the week on positive note. The All Shares Index, after a wobbly start, climbed 10.89 pts to 5,559.90 points helped by some of the blue chips and mid-caps.
The Premier Market fell 3.7 pts to 6,097.90 points trimming the month’s gains to 89 pts while Main Market scaled 41.37 points. The BK 50 Main index gained 25 pts. The volume turnover meanwhile dropped for the second straight session. Over 208 million shares changed hands – down 19 percent from the day before.
The sectors closed mostly in green. Financial Services outpaced the rest with 2 percent gain whereas Banking sector shed 0.11 pct, the worst performer of the day. Volume wise, Financial Services topped with 87.3 million shares whereas Banking sector continued to dominate with KD 14.5 million. In the individual shares, sector bellwether National Bank of Kuwait dialed up 2 fils to close at 846 fils on b