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Kuwait stocks end in green zone last week

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 7,130.89 points, up by 0.48% from the week before closing, the Weighted Index increased by 0.88% after closing at 481.77 points, whereas the KSX-15 Index closed 1,176.59 points up by 1.07%. Furthermore, last week's average daily turnover decreased by 31.48%, compared to the preceding week, reaching K.D 12.26 million, whereas trading volume average was 110.82 million shares, recording an decrease of 39.56%. For the annual performance, the price index ended last week recording 5.55% annual loss compared to its closing in 2013, while the weighted index increased by 6.38%, and the KSX-15 10.12% growth.

 
Sectors’ Indices
Seven of KSE’s sectors ended last week in the green zone, while the other Five recorded declines. Last week’s highest gainer was the Industrial sector, achieving 1.54% growth rate as its index closed at 1,127.11 points. Whereas, in the second place, the Health Care sector’s index closed at 1,027.35 points recording 1.45% increase. The Consumer Services sector came in third as its index achieved 1.21% growth, ending the week at 1,118.60 points. 
 
On the other hand, the Technology sector headed the losers list as its index declined by 2.05% to end the week’s activity at 948.67 points. The Consumer Goods sector was second on the losers’ list, which index declined by 0.49%, closing at 1,294.68 points, followed by the Real Estate sector, as its index closed at 1,221.07 points at a loss of 0.45%.
 
Sectors’ Activity
The Financial services sector dominated total trade volume during last week with 332.24 million shares changing hands, representing 59.96% of the total market trading volume. The Real Estate sector was second in terms of trading volume as the sector’s traded shares were 12.91% of last week’s total trading volume, with a total of 71.52 million shares. 
On the other hand, the Financial Services sector’s stocks were the highest traded in terms of value; with a turnover of K.D 18.73 million or 30.56% of last week’s total market trading value. The Banking sector took the second place as the sector’s last week turnover was K.D 17.19 million represented 28.05% of the total market trading value. 
 
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