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Kuwait Stock Exchange Indices Rise Across the Board at Start of Today's Trading - Sarmad

Kuwait Stock Exchange Indices Rise Across the Board at Start of Today's Trading - Sarmad
Qiyas summary

Kuwait Stock Exchange indices rose at the start of today's trading, with Bayt Al-Qabous shares leading trading activity following an agreement with Teradix.

Translated by Qiyas from سرمد — Original source

Key indicators of the Kuwait Stock Exchange rose at the start of Monday’s trading, coinciding with Biut Holding Company’s stock leading trading activity.

By 9:15 a.m. Kuwait time, the “First” and “General” market indices gained 0.17% and 0.14%, respectively, while the “Main 50” index rose by approximately 0.59% and the “Main” index increased by about 0.39 points, with no percentage change, compared to last Sunday’s level.

The stock exchange recorded trading volume worth 8.33 million Kuwaiti dinars, distributed across 32.16 million shares, with 1,830 transactions executed.

The session was supported by gains in eight sectors, led by the technology sector with a 4.55% increase, while four sectors declined, headed by the healthcare sector with a 1.95% drop, and the utilities sector remained flat.

Qaywen A stock led the gains among 57 rising shares with a 7.752% increase, while Al-Kout topped the declines among 21 falling shares with a drop of approximately 4.98%, and the price of 18 shares remained unchanged.

Biut stock led trading activity with a volume of 3.65 million shares and liquidity valued at 1.16 million Kuwaiti dinars, following the signing of a partnership agreement with Teradix.

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