Kuwait Stock Exchange Drops 1.03%... Main Market Falls 3.53%

Kuwait’s stock exchange concluded Tuesday’s trading session with broad declines across its indices, amid transactions valued at 121.1 million dinars. The general index fell by 91.10 points, or 1.03%, closing at 8,755.35 points. The session saw 421.7 million shares traded through 30,027 cash transactions. The main market index recorded the largest drop among the key indices, falling 332.67 points, or 3.53%, to 9,088.15 points, driven by the trading of 271 million shares across 20,651 transactions valued at 66.3 million dinars. The First Market index also declined by 44.43 points, or 0.48%, closing at 9,138.91 points, after 150.6 million shares were traded in 9,376 transactions worth 54.7 million dinars. The “Main 50” index suffered the session’s biggest losses, dropping 856.45 points, or 7.61%, to settle at 10,399.45 points, amid the trading of 206.9 million shares through 15,037 transactions valued at 51.3 million dinars. Among the top-gaining stocks, Nabisco, Ahliya T, Assas, and Bayt Al-Taqwa led the advance, while Gulf, Anzima, Watania, and Tansiq were among the top decliners.