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Kuwait Stock Exchange indicators vary at the start of today's trading - Sarmad

Kuwait Stock Exchange indicators vary at the start of today's trading - Sarmad

Key indicators of the Kuwait Stock Exchange showed mixed movements at the start of Wednesday’s trading, amid anticipation of the Federal Reserve’s interest rate decision.

By 9:15 a.m. Kuwait time, the “First Market” and “General” indices fell by 0.33% and 0.25%, respectively, while the “Main 50” index rose by 0.17% and the “Main” index increased by 0.15% compared to Tuesday’s levels.

Markets are awaiting later on Wednesday the release of the US Federal Reserve’s decision on monetary policy.

Trading value on the exchange reached 9.38 million Kuwaiti dinars, distributed across 27.82 million shares, with 1,830 transactions executed.

Six sectors rose during the session, led by consumer goods, which gained 1.81%, while five sectors declined, headed by banks, which fell by 0.41%, and two sectors remained flat.

Forty-five shares rose, led by “Sakb K” by 2.88%, while 36 shares declined, headed by “Trolli” by 1.27%, and 18 shares remained unchanged.

“Eva” led trading activity with a volume of 6.74 million shares and liquidity valued at 2.49 million dinars.

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