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Divergence in Kuwait Stock Exchange Indicators at Close - Sarmad

Divergence in Kuwait Stock Exchange Indicators at Close - Sarmad
Qiyas summary

The Kuwait Stock Exchange closed with a general decline, amid mixed performance among sub-indicators and specific companies.

Translated by Qiyas from سرمد — Original source

Kuwait’s stock exchange closed its trading session 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.

The main market index rose by 11.06 points, or 0.13 percent, to reach 8,449.20 points, driven by the trading of 304 million shares through 11,918 cash transactions, valued at 44.2 million dinars (approximately $136.13 million).

Meanwhile, the first market index fell by 76.74 points, or 0.85 percent, to close at 8,939.79 points, with 194 million shares traded across 9,161 transactions, valued at 54.15 million dinars (approximately $166.7 million).

In parallel, the “Main 50” index rose by 63.08 points, or 0.67 percent, to reach 9,443.94 points, following the trading of 292.3 million shares through 9,791 cash transactions, valued at 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 Qeyoum A.

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