KSE Benchmark Bearish for 2nd DaySource: www.export-egypt.com 12/8/2014, Location: Middle East |
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The KSE benchmark lost 5.21 points dropping to 6,744 in early trades on Monday, however the weighted index rose 0.16 points and Kuwait 15 index 1.15 points.
Trades' value reached KD 1.21 million, volume of traded shares some 6.41 million, done in 188 deals. The KSE on Sunday commenced this week's trading at a drop over high sales for operating and middle-market companies, negatively impacting on stock performance. It reflected slight monetary trading value and reduced volume of stocks, thus sending the bourse into the red zone. Main indices remained bearish throughout Sunday's session, with the benchmark, upon closing, shedding 26.6 points dropping to 6,749 points. The weighted index lost 3.72 points and Kuwait 15, 11.5 points. Kuwait 15 index reflected trades in blue chips. A total of 96.8 million shares valued in the vicinity of KD 8.99 million were traded in 2,423 transactions in the Sunday session. |
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