The KSE price index increased by 4.4% or 353 points compared to last week. Whereas the KSE weighted rose by 7.8% to 460 level as blue chip stock performed significantly.
All the sectoral indices closed with positive level and the biggest gainers were the Industrial sector which gained 6.4% followed by the Service and the Banking sector which rose by 5.8% and 5.3% respectively. Zain increased by 44% for the last two weeks.
Among the blue chip stocks, the major gainers were NIND +21.4%, Zain +20%, NRE +19.6%, AGLTY +15.8%, KFH +11.3%, NMTC +7.6% and NBK 4.9% on week on week basis. From the other stocks the top gainers were Gulfinvest, Grand, Argan, GPI, IIG, AIG, Ikarus and RKWC in the range of 22% to 40% on weekly basis.
The market breath was positive as 118 stocks ended in positive levels against 31 stocks closed in negative levels and 22 stocks remained unchanged on weekly basis.
Browse
related articles
The KSE market price index increase by 4.4%
- Kuwait: Thursday, June 04 - 2009 at 16:41
- PRESS RELEASE
The KSE market price index opened with upside gap and kept rising up to 8,411 level before closing at 8,370 level.
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Today's most read articles:
- » Moody's: UAE banks with largest exposures to Dubai World remain on review
- » Abu Dhabi to 'pick and choose' Dubai support
- » Samsung halts Dubai bridge work amidst Dubai debt crisis
- » Dubai World announcement serves as wake-up call to world markets
- » Emirate of Abu Dhabi 'AA/A-1+' sovereign ratings affirmed; outlook stable
Log in to request more information from Kuwait Financial Centre (Markaz)
Notes and media contacts
For more information, please contact:Mariam Al - Suwailem
Senior Marketing & Communications Officer
Media & Communications Department
Kuwait Financial Centre S.A.K. "Markaz"
P.O. Box 23444, Safat 13095
State of Kuwait
Tel: +965 224 8000 ext 1817
Fax: +965 241 4499
Posted by Rana MesbahThursday, June 04 - 2009 at 16:41 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds