Technically: The EURUSD pair made new retest process to 1.0940 level and kept its stability below it, to keep the negative pressure valid until now, waiting to rebound bearishly
to resume the bearish trend that targets testing 1.0780 level mainly.
The KSE main indices ended today's session bearishly
, with the benchmark reading 6,396 shedding up to 19.22 points.
KUWAIT, Feb 28 (KUNA) -- Kuwait Stock Exchange (KSE) began the past week trading bearishly
with the price index dropping 10.3 points to 6,601 while the weighted index rose 0.12 points and Kuwait 15 index 1.63 points at Tuesday's closing.
Despite increase of the Kuwait-15 index in Wednesday's session, 10 points, likewise, the weighted, two points, the benchmark closed bearishly
, amid stability of leading stocks and portfolios' trades in a large number of heavyweights, such as stocks of banks and services companies.
Technically: The USDJPY pair opens today's trading positively to move above 100.70 level, but we notice that RSI reaches the overbought areas to provide negative factor that we expect to assist to push the price to rebound bearishly
and resume the bearish bias again.
The KSE closed trading, on Thursday, bearishly
, where the price index shed 21.9 point, reaching 7004 points.
The ADI also broke down from a large symmetrical triangle top pattern last week although it didn't perform quite as bearishly
as the DFMGI.
It opened the week trades bearishly
, contrary to the previous week closing, where the indexes reflected improvement, though investors were largely reluctant.
Al-Oula, in a report released on Saturday, indicated hefty stock sales and speculations, with the price index closing bearishly
at 49.86 points reaching 7,217.69, but the weighted index ended the trading with a rise of 2.7 points, settling at 444.21 points.
| KUWAIT, Feb 9 (KUNA) -- Kuwait Stock Exchange (KSE) closed last week's trading bearishly
after gains posted by the benchmark during the past 10 weeks, Al-Oula Financial Brokerage Company said in a report, released on Saturday.
The market performed bearishly
throughout Sunday's session.
| KUWAIT, June 10 (KUNA) -- Gulf stock markets performed in a "tragic manner" in May and closed the month bearishly
, according to a report released by Global Investment House.