Stock Market Indicators Stabilize with 125.7 Million Dinars in Liquidity

Kuwait Stock Exchange indicators settled at the close of the trading session with slight performance divergence. The General Market Index closed virtually unchanged, while the First Market Index posted a slight gain, contrasting with a limited decline in the Main Market Index. The session was characterized by balanced movement across indices, with clear disparities in individual stock performance.

Trading liquidity rose by 43.5 percent to reach approximately 125.7 million dinars, compared to about 87.5 million dinars during Sunday’s session. The First Market accounted for 58 percent of the volume, while the Main Market held the remaining 42 percent.

The General Market Index began the session and continued its slight upward movement before losing those gains by the close, influenced by selling pressure on several leading stocks. This pushed the index to close unchanged despite positive movement during part of the session.

During the session, Boursa Kuwait-listed stocks under the Al Bahr Group showed notable activity. Several shares of the group ranked high on the list of most-traded stocks by value, with some topping the list of biggest gainers, reflecting clear trader focus on these shares.

A total of 133 stocks were traded. Prices rose for 53 stocks, fell for 68, and remained stable for 12. Weighted indices rose for eight market sectors, led by the Technology sector with an 18.37 percent increase and Healthcare with a 2.94 percent rise. Indices for five other sectors also rose, led by Insurance at 3.40 percent and Real Estate at 0.40 percent.

Regarding index details, the General Market Index closed virtually unchanged, with 426 million shares traded across 27,893 transactions.

The First Market Index rose by approximately 4.39 points, or 0.05 percent, to reach 9,240 points. It recorded liquidity of 72.4 million dinars, with a volume of 189.3 million shares executed through 11,752 transactions.

The Main Market Index fell by approximately 22.98 points, or 0.25 percent, closing at 9,141 points. It recorded a traded value of 53.3 million dinars, with a volume of 236.6 million shares executed through 16,141 transactions.

Regarding the most-traded stocks by value, Evas ranked first with 15.07 million dinars, closing at 474 fils. It was followed by Awal Takaful with 14.6 million dinars, closing at 739 fils. Arzan ranked third with 10.3 million dinars, closing at 300 fils. Bitak came fourth with 7.6 million dinars, closing at 775 fils. Snam ranked fifth with 6.4 million dinars, closing at 351 fils.

Awal Takaful topped the list of biggest gainers with an 11.97 percent rise, trading 21.1 million shares. It was followed by Umm Al Quwain by 7.41 percent, trading only 100 shares to close at 145 fils. Evas ranked third with a 5.80 percent gain, trading 32.4 million shares. Gulf Insurance ranked fourth with a 5.01 percent rise, trading 148,800 shares to close at 1.403 dinars. Arkan ranked fifth with a 4.82 percent increase, trading 4.7 million shares to close at 326 fils.

On the other hand, Al Anzema recorded the largest decline, falling 18.37 percent to lead the list of biggest losers, trading 1.24 million shares to close at 1.102 dinars. Sahel ranked second with a 5.66 percent drop, trading 39.3 million shares to fall to 88.3 fils. Al Sakb ranked third with a 5 percent decline, trading 334,300 shares to close at 418 fils. Meydan ranked fourth with a 4.56 percent drop, trading 1,970 shares to fall to 921 fils. Asas ranked fifth with a 4.32 percent decline, trading approximately 137,100 shares to close at 177 fils.