Broad Decline in Kuwait Stock Exchange Indicators at Start of Today's Trading - Sarmad

The Kuwait Stock Exchange opened its trading session on Sunday with a broad decline in indices, driven by drops in 11 sectors.

By 9:17 a.m. Kuwait time, the First Market Index fell by 0.95%, the General Market Index declined by 0.90%, the Main Market Index dropped by 0.65%, and the Main 50 Index fell by 1.33%, compared to their levels at Thursday’s close.

Trading volume during this period reached 6.52 million Kuwaiti dinars, with 29.86 million shares traded across 2,211 transactions.

At the sector level, the Technology sector led the declines with a drop of 4.22%, followed by Consumer Services at 1.54%, Telecommunications at 1.25%, and Financial Services at 1.15%. In contrast, the Consumer Goods sector was the only one to rise, gaining 0.23%, while the Healthcare sector remained flat.

The session saw price increases for 10 stocks, declines for 86 stocks, and stability for 8 stocks.

Yopak led the gainers with a rise of 3.90%, while Madar topped the decliners with a drop of 5.56%.

In terms of trading activity, Watania topped the list by volume, with 4.82 million shares traded, while Baitak led by value, with transactions totaling approximately 1.18 million Kuwaiti dinars.