KSE price, weighted index end day in red

30/06/2010 00:00 AST

The price index of Kuwait Stock Exchange (KSE) was down 44.2 points on Wednesday and closed at 6,543.2, while the weighted index closed at 397.41 after shedding 4.03 points.

The session saw the trade of 171.5 million shares worth KD 24.8 million, traded through 2,616 transactions.

Only two of KSE's eight sector indices were in the green today; the non-Kuwaitis was up 68.2 points, followed by insurance which put on 25 points.

Meanwhile, the service index suffered the greatest loss after dropping 221.

5 points, followed by the food index which was down 48.1 points, then the industrial index which lost 33.5 points. This was followed by banking which was down 31.1 points, then investment which lost 27.9 points, while real estate dropped 20 points.

Today's top gainer was the share of Kuwait Building Materials Manufacturing after going up 7.143 percent, followed by Osoul Investment Co. which gained 6. 557 percent, then the share of Gulf Cement Co. which was up 5.797 percent.

Meanwhile, today's biggest loser was the share of Kuwait Pipes Industries and Oil Services which dropped 9.091 percent, then Al-Dar National Real Estate Co. which was down 8.333 percent, followed by Coast Investment and Development Co. which shed 7.937 percent.

The share of Investors Holding Group Co. accounted for the greatest volume of traded shares at 60.08 million.


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