Kuwait-Mubasher: Real Estate Trade Centers (MARAKEZ) dropped 11.9% to reach 18.5 fils by 11:50 am Kuwait time on Thursday, hitting its lowest level in five months.

Marakez posted KWD 171 liquidity generated from about 9,150 shares that were traded through 6 transactions.

Sale orders increased to reach 55,000 shares versus 96,000 shares as purchase orders.

Meanwhile, the real estate sector fell by 0.44% to rank the third among the market’s decliners.