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MENAFN - Kuwait News Agency (KUNA) - 30/12/2012

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(MENAFN - Kuwait News Agency (KUNA)) Main indexes of Kuwait Stock Exchange (KSE) were generally mixed in trading in sessions of the past week, according to Al-Oula brokerage company.

Although some investors pinned some hopes on results of the last quarter of the year, the national bourse maintained a lackluster atmosphere, as a result of low liquidity, with continuous selected trades, the company said in a report released on Saturday.

Some of the major players, such as the Commercial Bank of Kuwait, moved their stocks among clients' portfolios, with a general tendency by the leading investors to re-organize portfolios in harmony with strategies concerning the companies.

Although the Kuwaiti market posted some improvement over the past two months -- particularly in operational stocks namely those of the banks -- transactions on blue-chips remained limited during the past week, contrary to prevailing forecast.

The past week operations were mixed when targeting small and medium chips, with a general trend among investors to boost capitalization. Some companies succeeded in posting tangible rise of stocks' market price with forecast advent of the new year.

Moreover, the trades were driven with the private portfolios, without influential intervention of the portfolios of public institutions. Meanwhile, speculations relatively "receded."

 






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