(MENAFN- Kuwait News Agency (KUNA)) By Mohammad Kamal KUWAIT, May 17 (KUNA) -- Kuwait Stock Exchange (KSE) ended Tuesday trading high after technical bounce backs in the green zone due to a series of setbacks, which targeted a couple of movements of investment groups' various stocks beside other factors.
During the whole session today, the bounce back also reflected positively on the main stocks, namely the Price and Weighted Indexes, and KSX-15 Index, but minutes before closing, the market overall performance was mixed.
Amid a wave of optimism throughout the day, liquidity remained high when compared to what the value index achieved since the start of this month.
Instability of the market performance was also due to an auction period, which took about two minutes before closing, and another factor was that leading companies and investor groups were going through various request of proposal.
Earlier, KSE ended trading on mixed boards, whereas the price index went up by 19.14 points to reach 5,367.28 points, while the weighted index shed 0.46 points to stand at 360.54 points, as well as the KSX 15 index gaining 2.92 points, to read 839.77 points. (end) mka.mb