Kuwait Stock Exchange Closes Trading with a Drop of 58.83 Points in Its General Index

Kuwait – The Kuwait Stock Exchange closed its trading on Wednesday with its general index down by 58.83 points, or 0.69 percent, to stand at 8,490.40 points. A total of 498.10 million shares were traded across 21,079 cash transactions valued at 98.3 million dinars (approximately $302.7 million). The main market index rose by 11.06 points, or 0.13 percent, to reach 8,449.20 points, with 304 million shares traded in 11,918 cash transactions worth 44.2 million dinars (approximately $136.13 million). The first market index fell by 76.74 points, or 0.85 percent, to 8,939.79 points, as 194 million shares changed hands in 9,161 transactions valued at 54.15 million dinars (approximately $166.7 million). Meanwhile, the Main 50 Index rose by 63.08 points, or 0.67 percent, to 9,443.94 points, with 292.3 million shares traded in 9,791 cash transactions worth 41.4 million dinars (approximately $127.5 million). The companies that saw the largest gains were Maaden, Makhazen, Watania, and A.A. Real Estate, while the biggest decliners were KIPCO, KEF, Emirates, and Q8 A. (End) M.K.A. / A.M.H.