Mubasher: Boursa Kuwait’s indices collectively ended Sunday, the first trading session of the week, on a low note after the price index shed 0.24% or 15.74 points to 6,607.75 points.
The weighted and Kuwait 15 indices declined 0.52% and 0.72%, respectively.
The telecoms sector led losers, falling 1.2%, pressured by Ooredoo’s and Zain’s stocks which retreated 3.76% and 3.29%, respectively, shrugging off gains by the sector’s two remaining stocks Viva and Ann Digital.
The banking sector declined 0.29%, weighed by seven of its stocks, particularly Burgan Bank’s 0.86% drop and Kuwait Finance House’s (KFH) 0.33% loss.
On the positive side, the oil and gas sector led gainers, adding 0.71% after Napesco grew 3%.
Turnover fell 26.2% to KWD 13.28 million on Sunday from KWD 17.99 million on Thursday, while traded volume was down 18.3% to 78.42 million shares versus 95.93 million.
Zain was the most actively-traded stock in terms of value with KWD 5.51 million, while the Investors Holding Group’s stock, down 2.2%, was the most traded in terms of volume with 11.56 million shares exchanged.
