News Column

KSE Price Index plunges anew, losing 100 points

June 18, 2014

KUWAIT, June 18 (KUNA) -- Price Index of Kuwait Stock Exchange (KSE), in its second drastic fall within days, shed 100 points reaching the level of 6,976 points in mid-day trades on Wednesday.

Weighted Index and Kuwait 15 index also fell, losing 3.83 points and 5.89 points, respectively.

Volume turnover amounted to 115 million stocks, valued at KD 17.8 million, done in 2,818 deals.

Number-one losers were Al-Nakheel, Maaden, Al-Tijara, Resorts, Ream. Stocks of Gulf Finance Corporation, Abyaar, Iqarat, Aamal Holding and Al-Tijairia were on top of mostly exchanged shares.

The KSE indices have been performing in a record bearish trend since the first session of this week, Sunday, when it bled up to 100 points, amid experts' reports alluding to negative factors, namely local and regional events and lack of key market players. (end) mjb.tb.rk

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Source: Kuwait News Agency

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