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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 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.
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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