Kuwait Stock Exchange Indices Rise Broadly at Start of Trading - Sarmad
Kuwait Stock Exchange indices rose, supported by growth in 10 sectors, with trades valued at 10.93 million dinars.
Translated by Qiyas from سرمد — Original source
The Kuwait Stock Exchange opened Monday’s trading session in the green, supported by gains in 10 sectors.
By 9:20 a.m. Kuwait time, the “First” market index rose by 0.35%, the “General” index increased by 0.41%, and the “Main” and “Main 50” indices climbed by 0.70% and 1.09%, respectively, compared to their levels at Sunday’s close.
Trading volume on the Kuwait Stock Exchange reached 10.93 million Kuwaiti dinars, comprising 46.26 million shares across 2,120 transactions.
The session was bolstered by gains in 10 sectors, led by the technology sector, which surged 7.02%. Meanwhile, the utilities and telecommunications sectors declined by 0.77% and 0.22%, respectively, while the healthcare sector remained flat.
Among the 67 rising stocks, “Arkan” topped the green list with a 7.50% gain, while 19 stocks declined, led by “Al Manar” at 4.90%, and 16 stocks remained unchanged.
The “Watania” stock, down 0.68%, led trading volume with 12.62 million shares and liquidity valued at 1.84 million Kuwaiti dinars.
