KSE witnesses fluctuation amid selling pressures

KUWAIT, Feb 14 (KUNA) -- Kuwait Stock Exchange (KSE) saw on Sunday fluctuations in performance with a weak trading on major operational shares and small-cap stocks, closing indices in the red zone.
Today's session witnessed prominent profit-taking operations particularly on stocks which have a rise in their values, while trading dominated popular stocks like MAYADEEN and ADNC, and shares of medium-size listed companies.
Financial portfolios failed to stimulate trading on large-cap stocks, while trading dominated stocks ranging between 10 fils and 100 fils, including YIACO and CABLETV.
Several dealers focused on shares which revealed new news concerning deals and contracts.
The KSE benchmark, upon closing, read 5,131, inching down 0.51 points. Weighted index followed suit, moving down by 1.46 points, as well as Kuwait-15 index, which lost 5.43.
Value of traded shares reached KD 7.11 million, share turnover stood at approximately 101.8 million, done in 2,630 transactions. (USD=KD 0.298). (Pick up previous) mka.ht.tb.hm