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Notable activity in main market shares

Notable activity in main market shares
Qiyas summary

The Kuwait Stock Exchange saw mixed performance among indices, with the main market index rising notably while the first market index declined. Yopak and Awal Takaful shares led the list in gains and trading value.

Translated by Qiyas from الجريدة — Original source

The Kuwait Stock Exchange began the week’s trading session with mixed performance across its indices; the indices moved in different directions, continuing the volatility observed from the opening until the close.

The session witnessed a notable performance and strong buying interest in a group of shares on the Main Market, which drove the Main Market Index to achieve significant gains. These gains had a limited impact on the General Index, which closed slightly higher, while the First Market Index recorded a modest decline.

Several shares listed on the Main Market were among the most active during the session, trading in large volumes, with some topping the lists of the biggest gainers and most traded shares by value.

Yapac led the list of the most gained shares with an increase exceeding 14.3 percent, followed by Awal Takaful, which rose by more than 13.5 percent. Awal Takaful also topped the list of the most traded shares by value, alongside activity in other shares including Al-Daira, Markaz, and Al-Bait.

Regarding liquidity, trading began actively during the session with a value of 123.15 million dinars. The First Market accounted for 51 percent of total liquidity, while the Main Market took the remaining 49 percent, bringing the shares of both markets in total circulating liquidity closer together.

In terms of index performance, the General Market Index rose by approximately 1.43 points, equivalent to 0.02 percent, reaching 8,944 points, with 453.1 million shares traded across 27,575 transactions.

The First Market Index fell by approximately 18.32 points, or 0.20 percent, to reach 9,305 points, with liquidity valued at 62.8 million dinars, volume of 184.7 million shares, and 9,089 transactions.

Meanwhile, the Main Market Index rose by approximately 94.59 points, or 1.01 percent, closing at 9,427 points, with a traded value of 60.3 million dinars, a volume of 268.4 million shares, and 18,486 transactions.

Regarding the most traded shares by value, Awal Takaful ranked first with 7.9 million dinars, reaching a price of 577 fils. It was followed by Tazween with 5.9 million dinars, reaching a price of 320 fils, then Boubiyan Bank with 5.7 million dinars, closing at 662 fils, and Eiva with 5.4 million dinars, reaching a price of 400 fils. Fifth was GFH with 5.05 million dinars, reaching a price of 174 fils.

Yapac topped the list of the most gained shares with a 14.34 percent increase, trading 4 million shares to reach a price of 295 fils. It was followed by Awal Takaful with a 13.58 percent increase, trading 14.5 million shares, then Al-Daira with a 9.91 percent increase, trading 6 million shares to reach a price of 588 fils, and Markaz with a 6.84 percent increase, trading 9.4 million shares to reach a price of 281 fils. Fifth was Al-Bait with a 6.56 percent increase, trading 23.3 million shares to reach a price of 104 fils.

On the other hand, Aabar recorded a decline of 3.86 percent, topping the list of the most declined shares with 4.23 million shares traded, reaching a price of 249 fils. It was followed by Wathiq with a 3.08 percent decline, trading 2.4 million shares to drop to a price of 126 fils, then Tahseelat with a 2.74 percent decline, trading 615,900 shares to close at 142 fils, and Kamifak with a 2.50 percent decline, trading 5.3 million shares to drop to a price of 156 fils. Fifth was Future Kids with a 2.14 percent decline, trading approximately 8.04 million shares to close at 137 fils.

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