Lackluster trading persists at Kuwaiti bourse

The national bourse has maintained lackluster atmosphere in trading at threshold of the new year, 2013. Upon opening session of Monday, only hours ahead of closing of the 2012, the main indices of the stock market were all in red zones. Weighted index read 418.98, posting minor loss of 0.38 points. Likewise, the price index dropped to the level of 5,944.12, falling by 3.02 points. The KSX 15 index also decreased, losing 1.26 points, to the level of 1,012.12 points. Number of trades reached 65, value of traded stocks KD 507,844.285 and volume of the shares that were exchanged amounted to 2,697,388. Operations at the KSE have been generally limited in the last days of the passing year, with analysts noting investors' wait-and-see attitude for companies' revelation of financial statements. The KSE is one of the major stock markets in the Middle East.