Kuwait bourse opens week's trading in red zone

Kuwait Stock Exchange (KSE) started action Sunday in the red zone, with the weighted index reading 472.54 points, shedding 3.41 points, by 9:15 a.m. The price index went down by 100.86 points, reaching 8,199.65 points, while the KSX 15 index, which reflects trading in blue-chips, read 1,103.6 points, a drop of 7.96 points, at the time. Number of trades amounted to 1,497 deals worth KD 9,604,186.994, and volume stood at 94,653,842 shares. Top volume shares were those of Gulf Finance House, Al-Deera Holding Company, Manazel Holding Company, Ithmar Bank, and Abyaar Real Estate Development Company. Meanwhile, Kuwait Resorts Company, Al-Deera Holding Company, Salhiah Real Estate Company, Kuwait Investment Company, and Ikarus Petroleum Industries Company stocks were top gainers.