LOC14:21
11:21 GMT
Kuwait Stock Exchange
KUWAIT, July 24 (KUNA) -- Kuwait Stock Exchange closed Sunday's session with the three main indices performing bullishly, amid forecast positive motives namely corporate 1H (2016) financial disclosures.
In the session's first hour, the benchmark and the weighted index rose, with trade value exceeding KD one million, while trade volume jumping over 21 million, amid trades on small chips.
Speculations on cheap chips mounted in shadow of the prevailing wait-and-see attitude among the traders for the year's Q2, with predictions that banks will come forward first to declare their statements.
Trade value rose to KD 11.1 million, against KD 10.4 in Thursday's session. Meanwhile, the most bullish sector was basic products, standing at 10.2 points, and the most bearish one was technology, reaching 18.2 points.
Spot value reached some KD 11.1 million, done in 3,044 cash transactions, while stock volume amounted to 159 million. (USD=KD 0.302). (end)
fh.tb.rk