Variation in the performance of the Kuwait Stock Exchange indices... “First” rose 0.26% and “Main” declined 0.57%

The Kuwait Stock Exchange ended trading today, Monday, with a mixed performance among its indices, with the balance tilted in favor of the leading stocks, as the primary and general market indices rose, while the main market and the “main 50” declined, amid liquidity amounting to about 70.7 million dinars. The general market index rose 0.12%, equivalent to 10.23 points, to close at 8649.53 points, while the primary market recorded a better performance due to its rise. 0.26%, or 23.72 points, to 9060.52 points. On the other hand, the main market shares were exposed to selling pressure, with its index declining 0.57%, equivalent to 50.70 points, to 8827.60 points. The “Main 50” index also decreased by 0.56%, or 56.29 points, to 10041.56 points. The value of Trading at the end of the session amounted to about 70.69 million dinars, through the trading of 250.96 million shares across 19.58 thousand transactions. A clear contrast between “First” and “Main”. Today’s session reflected a clear contrast in the direction of liquidity and stock movement, as the First market was able to record gains that exceeded the performance of the general index, at a time when a segment of the main market’s shares were subjected to more obvious pressures, which

It pushed the “Main” and “Main 50” indices to close with close declines. The banking sector’s gains, which rose by 0.49%, were supportive of the performance of the primary market and the general index, while the positive movement was not generalized to the various segments of the market, which also appears in the variation in the performance of sectors and stocks during the session. The “Customization” stock topped the list of most traded stocks in terms of value by about 5.34 million dinars, followed by “KFH” by about 4.94 million, then “Systems” with 4.01 million, “IFA” with 3.82 million, and “Watani” with about 3.27 million dinars. In terms of stocks that rose the most, “Quwain A” topped the list with gains amounting to 7.52%, followed by “Meydan” with 7.27%, then “Emirates” with 5.69%, and “KMEFIC” with 3.68%, And “Laboratories” with 2.85%. On the other hand, “Systems” came at the forefront of declines with losses amounting to 17.82%, followed by “Al-Taqaddum” with a decrease of 9.40%, “Ahlia T” with 8.56%, “Al-Kout” with 4.98%, and “Senergy” with 3.86%. 6 sectors rose and 7 sectors declined, 6 sectors rose compared to 7 sectors declining, which It reflects the widening range of variation that characterized the market movement

The utilities sector gained by 0.75%, followed by health care by 0.57%, consumer goods by 0.53%, banks by 0.49%, energy by 0.25%, and real estate by 0.22%. On the other hand, the technology sector recorded the largest loss, with a decrease of 17.82%, followed by insurance by 1.89%, consumer services by 0.90%, basic materials by 0.83%, and industry. by 0.80%, communications by 0.55%, and financial services by 0.13%.