Stock Exchange Drops 23.7 Points Under Pressure from 'First' and 'Main 50'

Kuwait’s stock market closed Sunday with a broad decline across major indices, amid trading volume worth 60.6 million dinars, involving 225.8 million shares through 19,130 transactions. The General Market Index fell 23.74 points, or 0.27 percent, to close at 8,689.97 points, while the First Market Index dropped 28.79 points, or 0.32 percent, to 9,084.81 points. The Main Market Index also declined by 5.79 points, or 0.06 percent, to 8,953.90 points, whereas the Main 50 Index recorded the steepest drop among indices, falling 54.85 points, or 0.54 percent, to 10,056.58 points. The First Market accounted for about 33.6 million dinars of total liquidity, compared to 26.9 million dinars for the Main Market, while trading in the Main 50 reached approximately 18.2 million dinars. Shares of Tamayoz, Al-Anzima, Ajeel, and Hotels led the gainers, while shares of Al-Taqaddom, Ahliya T, Sahel, and Emirates were among the biggest decliners.