Boursa Kuwait ended last week with a mixed performance. The Premier Market Index closed at 5,430.10 points, down by 1.15%, the Main Market Index increased by 0.32% after closing at 4,798.05 points, and the All-Share Index closed at 5,205.99 points down by 0.68%. Furthermore, last week’s average daily turnover increased by 37.55%, compared to the preceding week, reaching around K.D 31.36 million, whereas trading volume average was about 202.08 million shares, recording an increase of 61.56%.
The market capitalization reached by the end of the last week K.D. 29.25 billion, up by 0.56% compared to its level in a week earlier, where it reached then K.D. 29.41 billion. Also, the market gains since the beginning of 2019 reached more than K.D. 740 million, up by 2.60% compared to its value at last trading day of the last year, where it reached then K.D. 28.51 billion. (Note: The market capitalization for the listed stocks in the Market is calculated based on the weighted average number of outstanding shares as per the latest available official financial statements)..
Moreover, last week witnessed trading over 154 stock out of 175 listed stock in the Market, where prices of 71 stock increased against prices of 69 stock decreased, and prices of 35 stock remained at no change.