Boursa Kuwait ended last week in the red zone. The Premier Market Index closed at 5,387.53 points, down by 0.88%, the Main Market Index decreased by 0.38% after closing at 4,716.42 points, whereas the All-Share Index closed at 5,149.67 points down by 0.72%. Furthermore, last week’s average daily turnover decreased by 13.63%, compared to the preceding week, reaching around K.D 17.94 million, whereas trading volume average was about 93.01 million shares, recording a decrease of 7.06%.

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Moreover, the Market’s loss in a week reached around K.D. 201.88 million, as the market cap of the total listed stocks decreased by the end of the week to reach about K.D. 28.78 billion against K.D. 28.98 billion in a week earlier, with a loss of 0.70%. The Boursa gains, since the application of the new market segmentation, contracted to reach approximately K.D. 925.87 million only, or by 3.32%. (Note: The market cap for the listed companies in the Boursa is calculated based on the weighted average number of outstanding stocks as per the latest available official financial statements)..

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Last week witnessed trading over 150 stock out of 175 listed stock in the Market, where prices of 57 stock increased against prices of 74 stock decreased, and prices of 44 stock remained at no change.

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