Kuwait bourse ends week trading on mixed board - report 

(MENAFN - Kuwait News Agency (KUNA)) Kuwait Stock Exchange ended last week's trading with variance on its indices, a specialized economic report revealed Saturday.

The report, by Bayan Investment Company, pointed out that the price and weighted indices ended the week in green zone while the KSX-15 index settled at the red zone.

Bayan added that the price index continued its positive performance for the 11th week in row backed by heavy purchasing operations on small-cap stocks, which is considered the biggest support for the market during this period.

In one of the week sessions, the price index recorded its highest level since February 10, 2010, the report disclosed.

The weighted index managed to escape the red zone after its fluctuating performance over the week, a goal which the KSX-15 failed to end up in red alone due to the sale and profit collection operations on some large-cap and leading stocks and speculation operations on some small-cap stocks in the market.

The reported noted that the state of optimism which dominates the market recently positively impacted transactions in the market as the traded value recorded it highest level since February 2012 and traded volume exceeded one billion shares in Tuesday and Wednesday sessions.

The stock market positive performance for this week came as a result to the increase in the average trading indicators despite the market watch state to the listed companies' results for the 2012 financial year before the expiration of the announcements legal period, which will end by the end of this month.