Kuwait Stock Exchange (KSE) ended last week with variance on its indices. The price index ended last week with an increase amounted to 2.41 percent, while the weighted index increased by 0.65 percent compared to the closings of the week before, whereas KSX-15 Index decreased by 0.29 percent. Furthermore, last week’s average daily turnover increased by 37.88 percent, compared to the preceding week, reaching KD 65.06 million, whereas trading volume average was 923.95 million shares, recording increase of 41.65 percent.
Kuwait Stock Exchange performance was mixed in most of last week’s daily sessions, due to the trading variance witnessed on some stocks during the week. The small-cap stocks remained to be the lead player in the market activity, as it witnessed strong purchasing operations and quick speculations which positively affected the market indices, especially the Price Index which was able to close at its highest levels in two years and since February 10, 2011.
Read more: http://news.kuwaittimes.net/2013/03/16/kse-performance-mixed-over-trading-variance/
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