(MENAFN- Qatar News Agency) Wait July 12 (QNA) -Trading value at Kuwait Stock Exchange (KSE) posted lowest decline in first sessions of the past week since August 2011.
Al-Oula brokerage company said in a report released on Saturday that volume of traded shares reached in the first session KD five million while the benchmark regained the psychological barrier above 7000 points.
The market closed on Thursday with hikes posted by the main indexes with the price index increasing 22.8 points reaching 7076 the weighted index hiking by 3.26 percent and the Kuwait 15 index by 10.2 points Kuwait news agency KUNA reported.
The benchmark dropped in the week's first sessions 0.3 percent amid significant local and regional events. Major traders abstained from trading in the first two sessions favoring a wait-and-see attitude regarding the local political events.
Meanwhile portfolios and funds focused on operational stocks which drew bulk of the liquidity.
The market rebounded in the week's last session with the main indexes moving upwards amid restoration of normal political conditions.(QNA)
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