KSE up despite political turmoil
Despite the resignation of the cabinet, the Kuwait Stock Exchange (KSE) Tuesday closed up 39.5 points to 8683.6 points, while the weighted index gained 6.53 points to read 464.76 points.
According to Kuna, a total of 395.2 million shares worth KD 135.4 million were traded in 9,408 transactions.
Seven out of the eight sectors went up, with banks emerging as the leading gainer with an increase of 266.2 points, followed by non-Kuwaiti companies with 86.1 points, and industry with 38.6 points, while services fell 78.4 points as the lone loser.
Munshaat was the top winner share rising by 8.6 percent, as Flex Resorts was the leading loser falling 12.7 percent.
Al-Safwa was the leader in volume, with some 42 million shares changing hands.