Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - KSE Price Index Gains 9.05 Pts Volume Slips  Join our daily free Newsletter

MENAFN - Arab Times - 24/12/2013
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab Times) Kuwait stocks edged higher Monday, extending the rebound to the third straight session. The index rose 9.05 pts in choppy trade to settle at 7635.22 pts. Some of the mid and low caps shined whereas the heavyweights closed mostly lower. The investors were weighed by the uncertainty over the looming court verdict over the validity of the 2013 Parliament. The KSX 15 benchmark rose 5.56 pts to 1075 pts whereas the weighted index edged 1.59 pts higher. The volume turnover meanwhile slipped slightly after swelling past the 200 million mark in the day before. 218.68 million shares changed hands - a 3.58 percent fall from Monday. The sectors closed mixed. Telecommunications outshone the peers with 1.15 percent gain whereas consumer good slid 1.35 pct, the worst performer of the day. In terms of volume, financial services dominated with 47.85 percent market share and real estate came in next with 4.68 percent contribution.



Among notable gainers, Kuwait Food Co (Americana) soared 60 fils to KD 2.420 and Gulf Cable jumped 30 fils extending the gains from the previous session. Boubyan Petrochemical rose 10 fils and Kuwait Hotels was up by same measure. Hilal Cement gained 8 fils to settle at KD 0.218 with thin trading level.
United Projects Group rose 10 fils while National Cleaning Co and United Industries Co added 4 fils each. The company has won the the approval of Capital Markets Authority to buy back or sell up to a maximum of 10 percent of its shares over a period of 6 months.
Telecom major Zain, rose 10 fils recouping the loss in the day before and Wataniya Telecom was down 20 fils at KD 1.720. The stock has retreated 80 fils so far during the month and has slid 620 fils year-to-date. Agility gave up 10 fils to settle at KD 0.690 and the counter saw 3.2 million shares change hands.

 


Arab Times




  MENA News Headlines
 Dec 4 2016 - First Bloomberg Markets Most Influential Summit Abu Dhabi to Convene the Leaders and Innovators in Finance Shaping the Future of InvestingMENAFN Press
(MENAFN Press) The Bloomberg Markets Most Influential Summit will make its Middle Eastern debut in Abu Dhabi this week, convening global financial leaders and investors who are moving markets, ...

 Dec 4 2016 - Farid Chedid Chairman and CEO of Chedid Re named ‘MEA Industry Achiever of the Year’ at the 2016 MEA Risk & Insurance Excellence AwardsMENAFN Press
(MENAFN Press) Beirut, Lebanon, December 4, 2016 : (ME NewsWire) During a special honoring ceremony held at the Four Seasons Hotel in Dubai, the publishers of Global Reinsurance and StrategicRISK ...

 Dec 4 2016 - Saudi, Qatari, UAE, Turkish Joint Statement on Calling to Hold UN General Assembly Formal Plenary Session on Syria 3 United NationsSaudi Press Agency
(MENAFN - Saudi Press Agency) The statement added that "We have seen in recent weeks, the launching of heavy unleashed military aggression against Aleppo and its neighboring areas with severe ...

 Dec 4 2016 - Saudi- Kingdom succeeds in shrimp farming: Global Magazine saysSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh, 05 Rabi'I, 1438,December 04, 2016, SPA -- Global Aquaculture Advocate magazine confirmed in its latest issue in a report entitled "Kingdom of Saudi Arabia ...

 Dec 4 2016 -  Vietnamese floods kill 13Saudi Press Agency
(MENAFN - Saudi Press Agency) Hanoi, Rabi'I 5, 1438, Dec 4, 2016, SPA -- At least 13 people have been reported dead in central Vietnam's most recent spate of floodings, according to dpa. The ...

 Dec 4 2016 - Saudi Ambassador to Egypt: Kingdom Tops World in Supporting Refugees 2 CairoSaudi Press Agency
(MENAFN - Saudi Press Agency) Ambassador Qattan also said that the Kingdom considered the brotherly Yemeni refugees on its territory as its visitors, and provided more than half a million Yemeni a ...

 Dec 4 2016 - Al Watan Daily Highlights Depth of Fraternal Relations between Qatar and Saudi ArabiaQatar News Agency
(MENAFN - Qatar News Agency) Doha, December 04 (QNA) - Qatari daily (Al Watan) confirmed in its editorial Sunday the depth of the fraternal relations and cooperation between the State of Qatar and ...

 Dec 4 2016 - Nepalese Foreign Minister Meets Qatar's AmbassadorQatar News Agency
(MENAFN - Qatar News Agency) Kathmandu, December 04 (QNA) - Foreign Minister of the Federal Democratic Republic of Nepal Dr. Prakash Sharan Mahat has met with HE Qatar's Ambassador to Nepal Yousef ...

 Dec 4 2016 -  South Korea, US Seek Ways to Counter North Korea's Submarine-Launched Ballistic threatQatar News Agency
(MENAFN - Qatar News Agency) Seoul, December 04 (QNA) - South Korea and US forces are stepping up efforts to better counter the growing threat from North Korea's submarine-launched ballistic missiles ...

 Dec 4 2016 -  Five Gunmen, Including ISIS Leader, Killed in DagestanQatar News Agency
(MENAFN - Qatar News Agency) Moscow, December 04 (QNA) - Five militants, including an ISIS leader, have been killed during a special operation held in a suburb of Makhachkala, the capital of Russia's ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help