Kuwait Stock Market Indicators Show Mixed Performance as 8 Sectors Decline
The Kuwait Stock Exchange closed with mixed performance, with 8 sectors declining, while the healthcare sector led gains, and Kuwait Finance House topped by value following the announcement of its profit increase
Translated by Qiyas from الوسط — Original source
Kuwait Stock Exchange indices closed Tuesday’s session with mixed performance, as eight sectors declined, amid trading volume totaling 61.63 million Kuwaiti dinars, distributed across 213.58 million shares through 20,140 transactions. The First Market Index fell by 0.16%, while the General Market Index declined by 0.09%. Conversely, the Main Market Index rose by 0.26%, and the “Main 50” Index gained approximately 0.64%, compared to Monday’s closing levels.
In terms of sectors, the Basic Materials sector led the decliners with a drop of 2.49%, while the Healthcare sector topped the gainers with a growth of 7.37%, and the Utilities sector remained stable.
On the stock level, prices rose for 54 shares, led by “Al-Taqaddum” with gains of 20.81%. Meanwhile, prices fell for 61 shares, headed by “Qeywan A,” which dropped by 5.30%, while prices for 15 shares remained unchanged.
In trading activity, “Watania” topped the list in traded volumes with approximately 15.55 million shares, while “Kuwait Finance House” led in value, with trades amounting to 11.08 million Kuwaiti dinars, following the bank’s announcement of a 6.5% increase in its profits during the third quarter.
