Kuwait stock market's capitalization fell to kuwaiti dinar 30.5bn

The Kuwait Stock Exchange market capitalization has plummeted to KD 30.5bln at end of this week trading, losing KD 113.5 million, a specialized report showed Thursday. In its report, the National Investment Company, pointed that all the market indices have ended the week trading in the red zone with variance in the losses of each index The price index went down by 1 percent, the weighted index fell by 0.5 percent and KSX-15 declined by 0.8 percent. Furthermore, last week's average daily turnover decreased by 23.9 percent, compared to the preceding week, reaching K.D 27.5 million, reads the report. It added that the average daily deals retreated by 28.8 percent and the average traded volume dipped by 43 percent. Shares of 161 companies, out of 195 listed companies, were traded in the KSE this week, the report said, noting that 44 ended in the green zone while 87 ended in the red zone.