Kuwait Stock Exchange Loses 34.79 Points at Close

The Kuwait Stock Exchange closed its trading on Thursday with broad declines in the General Market Index, the First Market Index, and the Main Market Index, while the “Main 50” Index posted a modest gain. The General Market Index fell by 34.79 points, or 0.40 percent, to close at 8,632.71 points, amid trading of 282.8 million shares across 21,111 cash transactions valued at 84.3 million dinars. The Main Market Index dropped by 58.50 points, or 0.66 percent, to 8,860.03 points, with 136.14 million shares traded through 11,063 transactions worth 25.7 million dinars. The First Market Index also declined by 31.55 points, or 0.35 percent, to reach 9,032.36 points, as 146.7 million shares changed hands in 10,048 cash transactions totaling 58.6 million dinars. In contrast, the “Main 50” Index rose by 27.52 points, or 0.27 percent, to close at 10,084.29 points, after 117.8 million shares were traded in 8,935 transactions valued at 22.3 million dinars. Shares of Mina, Unicap, Ittehad, and Madain led the gainers, while Gulf T, Mawashi, Al-Taqaddum, and Imtiazat headed the list of decliners.