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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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