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Article: Trading Pattern for the month of October 2009
- Article from:
- Al Bawaba
- Article date:
- November 9, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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The month of October witnessed a decrease in trading activity in
the KSE. KSE observed a 21.4% decrease in trading value and 1.9%
decrease in the number of traded shares on the back of a mild
correction that occurred during the final week of October. Single
day trading value in October reached as high as KD91.1mn and trading
volume reaching as high as 448.8mn shares on October 7th, 2009. On a
month to month basis, value traded decreased 21.4% in October to
reach KD1,121mn from KD1,426mn witnessed in September. Investors
completed 119,814 transactions as opposed to 105,223 in September, a
13.9% increase. The number of shares traded decreased 1.9% to reach
5.7bn shares.
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