Kuwait Stock Exchange indicators show mixed performance at the start of today's trading - Sarmad
Kuwait Stock Exchange indicators showed mixed performance at the start of today's trading, with some indices falling and others rising. Ajilat General Warehousing shares led trading activity following an agreement to sell its stake in TriStar.
Translated by Qiyas from سرمد — Original source
Key indicators of the Kuwait Stock Exchange showed mixed movements at the start of Wednesday’s trading session, as Agility Public Warehousing Company shares led trading activity.
By 9:15 a.m. Kuwait time, the “First” and “General” market indices fell by 0.19% and 0.11%, respectively, while the “Main 50” index dropped by 0.32%. In contrast, the “Main” index rose by 0.29% compared to Tuesday’s levels.
Trading volume reached 8.14 million Kuwaiti dinars, distributed across 46.83 million shares, with 1,690 transactions executed.
Six sectors rose during the session, led by insurance, which gained 3.25%, while five sectors declined, headed by real estate, which fell by 0.71%. Two sectors remained unchanged.
Thirty-five shares rose, led by Gulf Insurance, which surged 8.63%, while 40 shares declined, headed by Hotels share, which dropped 5%. Nineteen shares remained stable.
The “Makhazen” (Warehouses) share led trading activity with a volume of 18.50 million shares and liquidity valued at 2.79 million Kuwaiti dinars, following its affiliate, Agility Global PLC (in which it holds a 25% stake), signing an agreement to sell its entire stake in TriStar to Aegis Logistics Limited.
