Home About Us Contact FeedBack
Ramadan Offer
 Arabic    عربي
   
Kuwait Stock Market Analysis - Orient Consulting Center
Loading Menu ....
CBK
Advertisement
Training
QUICK SUMMARY
QUARTERLY FINANCIALS
YEARLY FINANCIALS
 REPORTS CENTER 
Kuwait Stock Index - Intraday Review of the Previous day:
The market fell marginally in the last session a net 10.70 points (0.16%) and closed at 6677 point level.

The market opened flat then turned up and continued so until 11:13 hours when it reached its day high at 6693 points. And then it fell and turned into a range bound movement until closing.

The market moved in a range of 30 Points. Sentiment was Bearish. 06 of the 08 sectors closed with Net Loss. 02 of the top 05 stocks with the highest volumes were gainers and 02 were losers and 01 was unchanged indicating an overall market bias was towards the presence of selective buying and selling.


Outlook for Today:
Last session the index formed a small black candle and close was within the previous candle range. Next candle formation may give a clear directional bias.

However, the index is above its 5, 15, 25 days moving averages. Further, the velocity parameters are positively trended. Both these indicate a positive bias and the possibility of a further up move.

But index is facing resistance at 6690 point level. And the 25 days moving average 6666 act as nearest support for the index. If index close below this level, we can expect further down move
 For More..Click Here..
   424 - ADNC : Al Dar National Real Estate Co. - (02 Sep 2010)
   433 - MUNSHAAT : Munshaat Real Estate projects Co - (02 Sep 2010)
More Details ...
PIVOT ANALYSIS FOR A SELECTION OF SHARES
Share LTP PIVOT SUPPORTS RESISTANCE
S2 S1 R1 R2
KSE  6703  6693  6664  6684  6713  6723 
101 - NBK  1420  1407  1367  1393  1433  1447 
102 - GBK  540  537  527  533  543  547 
103 - CBK  900  890  860  880  910  920 
104 - ABK  530  527  517  523  533  537 
105 - ALMUTAHED  520  523  513  517  527  533 
More Details ...

Safwan Trading and Contracting Company announced the results of its Ordinary Annual General Meeting held on September 1, 2010. The AGM elected completing BOD members as follows:
Mr. Mahmoud Hamed Mubarak Al Ali
Mr. Abdulrahman Faisal Bazea Al Yaseen
Mr. Wael Abdulkader Abdulhameed Al Abduljader
Mr. Abdulwahab Hisham Hussein Al Essa

Bahrain Kuwait Insurance Company announced that its Board of Directors will meet on October 28, 2010 to discuss the company's financial statements for the third quarter ended September 30, 2010.
More Company news...

Kuwait Stock Exchange announced the trading suspension of the shares of the following companies starting from September 1, 2010 due to the failure to pay subscription fees for the year 2010-2011:

International Investment Group (suspended)
Gulf International Investment Company (suspended)
Pearl of Kuwait Real Estate Company (suspended)
Al Safat Global Holding Company (suspended)
Burgan Company for Well Drilling Trading and Maintenance (suspended)
Mushrif Trading and Contracting Company
Al Abraj Holding Company (suspended)

Net Holding Company (suspended).

Kuwait Oil Tankers Company announced intention to sign contract to construct a diluted Gas plant. Contract value amounts to KD 54.5 Mill. Plant shall be constructed over a total area of 150,000 Square Meter. Targeted annual production is 15 Mill gas cylinder to serve the local market up to year 2030.
More Economic news...
246 - Strategia Investment Co.
# Balance Sheet/Income Statement Item Qtr2 2010 % change Qtr2 2009

1

  Net Profits (KD'000) -31  -3,000.00 -1

2

  Earnings per Share (Fils) -0.18   0.00 0.00

3

  Return on Equity(%) -1.00   0.00 0.00

4

  Book Value per Share (Fils) 27.61  -41.29 47.03

5

  Price to Earning Ratio (Times) -43.22  -684.39 -5.51

More Details ...
Date
»  9/2/2010
Close
»  6,703.20
Previous
»  6,677.90
Change
»    25.3
Change %
»    0.38%
Open
»  6,677.40
High
»  6,703.30
Low
»  6,673.90
Volume
»  134,845,000
Trade
»  2,354
Value (mill.)
»   38.31
YTD Change
»    -3%
52 Week High
»  7,897.40
52 Week Low
»  6,319.70
TOP GAINERS (9/2/2010)
GINS (530) 8.2%
HAYATCOMM (168) 6.3%
ALSAFWA (28) 5.7%
KPPC (57) 5.6%
KINV (122) 5.2%
TOP LOSERS (9/2/2010)
-5.3%
GNAHC (73) -5.2%
-3.8%
MAZAYA (93) -3.1%
-3.1%
 
Top Market Captialization (9/2/2010)
ZAIN (605) 15.70%
NBK (101) 13.70%
KFIN (108) 8.08%
GBK (102) 3.99%
CBK (103) 3.38%
Pivot Analysis Report
Market Captialization
P/E Ratio
 
 
Advertisement
ALL PRICE ANALYSIS IS BASED ON END-OF-DAY CLOSINGS
 [Home] [ Contact Us] [Disclaimer] [ Terms & Conditions]
asma@asmainfo.com
© Orient Consulting Center 2010
Best viewed in Internet Explorer 6+