"Al-Awal" Leads Stock Market Decline.. "Al-Ra'isi" and "Ra'isi 50" Rise

The Kuwait Stock Exchange closed its trading session on Thursday with a decline of 28.88 points, or 0.32 percent, in the general index, which settled at 8,913.16 points. Trading activity was robust, with a total value of 146.14 million Kuwaiti dinars, involving 488 million shares across 30,334 cash transactions.

Conversely, the main market index rose by 13.23 points, or 0.14 percent, to reach 9,530.09 points, with 285.7 million shares traded through 18,376 transactions, valued at 56.7 million dinars.

The “Main 50” index also climbed by 45.48 points, or 0.40 percent, recording 11,519.26 points, following the trading of 218 million shares across 12,197 transactions, valued at 38.8 million dinars.

In contrast, the First Market index fell by 39.35 points, or 0.42 percent, to 9,244.45 points, after 202.3 million shares were traded through 11,958 transactions, valued at 89.4 million dinars.

Shares of Mubadla, Emirates, Minat, and Manazel led the list of top gainers during the session, while shares of Gulf T, Al-Jazira, Petroliac, and Hotels were among the biggest decliners.

The movement of the indices reflected a divergence in market performance during today’s session, with continued pressure on stocks listed in the First Market, offset by improved performance in the Main Market and the “Main 50” index.