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29/01/2017 06:24 AST
The KSE Indices witnessed a positive week as indices increased this week. The KSE price index closed at 6,852.3 an increase of 6.47% up 416.55 points compared to the previous week. As the MUDX witnessed an increase this week of 4.40% to close at 658.60 for the week. Furthermore, the market blue-chip index the KSX15 closed on an increase of 42.85 points up 4.54% during the week to close at 987.70.
* The reported weekly volumes were 4339.41 million shares compared to 3,766.66 million shares in previous. Among the major contributors, the Financial Services Sector (contributing 38.08%) witnessed 1,652.34 million shares of trading compared to 1,455. Million shares in the previous week, while Real Estate Sector (contributing 33.12%) witnessed 1,437.25 million shares of trading compared to 1,243.95 million shares in the previous week.
* The overall Market Cap witnessed an increase this week as it stood at KWD 29.58 billion up 5.0% on weekly basis. As for the blue chips, National Bank of Kuwait — NBK (Mcap – KWD 4.17 billion) saw its market cap increased by 7.25 % this week due to positive end of the year financials ,moreover, NBK announced cash dividend 30% and bonus shares 5%. Furthermore, Mobile Telecommunication Co — Zain ( Mcap — KWD 2.09 billion) saw its market cap increased by 3.19%. Moreover, Ahli United Bank — AUB (Mcap — KWD 1.58 billion) saw it market cap increased by 11.54%.
* On the total market breadth, Of the 56 Islamic Companies, 41 advanced while 7 declined during the week.
* The Islamic universe market cap witnessed its market cap an increase of 5.19% to close at KWD 8.083 billion. The universe heavyweights Kuwait Finance House — KFH (Mcap — KWD 3.197billion) saw its market cap increased by 5.17% during the week. However, Boubyan Bank (Mcap — KWD 899.06 million) saw its market cap increased by 1.22% during the week. Kuwait Telecommunication Co — VIVA (Mcap-KWD 459.45 million) saw its market increased by 2.22% during the week.
Arab Times
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r
The National
05/04/2018
Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti
Times of Oman
05/04/2018
Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s
Gulf News
04/04/2018
Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank
Times of Oman
04/04/2018
Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b
Gulf News