Kuwait Stock Exchange Closes Trading with General Index Up by 56.43 Points

Kuwait – The Kuwait Stock Exchange closed its trading on Tuesday with its general index rising by 56.43 points, or 0.66 percent, to reach 8,549.23 points. A total of 320.8 million shares were traded across 21,580 cash transactions valued at 88.9 million Kuwaiti dinars (approximately $273.8 million). The main market index fell by 25.02 points, or 0.30 percent, to 8,438.14 points, with 167 million shares traded in 10,947 cash transactions worth 25 million dinars (approximately $77 million). The first market index rose by 76.68 points, or 0.86 percent, to 9,016.53 points, as 153.8 million shares changed hands in 10,633 transactions valued at 63.8 million dinars (approximately $196.5 million). Meanwhile, the Main 50 index declined by 68.33 points, or 0.72 percent, to 9,380.86 points, with 147.9 million shares traded in 8,579 cash transactions worth 21.8 million dinars (approximately $67.4 million). The companies with the largest gains were Tahasol, Wathaq, Alghanim, and Bank of Kuwait, while Safa, Kamefek, Cinema, and Al-Oula recorded the biggest declines. (End) M.K.A. / A.M.H.