On Saturday, the Kuwait Stock Exchange (KSE) closed a week trading on the positive territorry amid of a cautious optimism caused by a relative calm in the political streets and the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Hamad Al-Sabah's remarks about boosting ahead the economic and sustainable development plans, specialized in the economic reports. The report was by Oula Wasata Brokerage Company, said that the price index closed last week with an increase worth to 0.5 percent, while the weighted index lost by 0.8 percent.
The KSX-15 Index edged up by 3 points.
The report indicated that the HH the Amir statements had given a great impetus to the stock market as it sparked worry investors to resume their active trading that positively impacted to the atmosphere in the market. It cited that the traded value exceeded the threshold of KD 30 million in some of the week sessions.
The small stocks has subjected to active purchasing operation in the series of profit-taking deals. Meanwhile, Bayan Investment Company Weekly Report showed the six of KSE's sectors closed last week in the green zone. The Oil and Gas sector were the top performance of gainers as its index climbed by 3.10 percent to close the week's activity at 929.7 points followed by the Financial Service sector, jumped by 1.34 percent to finish the week's activity at 819.90 points.
While, the Health Care sector was the worst as its index lost by 8.16 percent to finish the week's activity at 948.5 points followed by the Insurance sector as the index ended at 841.7, decline by 1.26 percent.