KSE sees fluctuation, ends week''s trading with slight gain -- economic reports [Kuwait News Agency]
(Kuwait News Agency Via Acquire Media NewsEdge) | KUWAIT, Aug 24 (KUNA) -- Kuwait Stock Exchange (KSE) claimed some slight gains in last week's trades after seeing fluctuations and poor financial liquidity, Al-Oula Brokerage Company said in a report released on Saturday.
The KSE closed with the main indices in the red zone, the weighted index losing 0.97 points, the price index 3.2 and the Kuwait 15 index 5.
Despite the drop of performance, trading remained above the 8,000-point barrier and profits were gained. Medium to small businesses took the lead in last week's performance in the stock market.
Similarly, Bayan Investment Company report said that selective purchase operations normalized the main indices and prevented them from dropping despite an absence in incentives.
The below average performance pushed investors to be cautious and wait for big companies to recover; other investors sought quick solid gains. (end) mka.ysa.nfm KUNA 241515 Aug 13NNNN
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