" President 50 " leads the stock exchange gains... It closes up 1.1%

The Kuwait Stock Exchange maintained its gains at the close of Tuesday’s trading, with the Main 50 shares continuing to outperform the rest of the market components, bringing the four indices to the end of the session in the green zone... Selling and the extension of price pressures from the beginning of the sessions until their end.

However, the last sessions of the decline wave began to show a decline in selling power, with trading volumes falling below their averages, indicating that selling pressures have begun to lose some of their momentum. During the previous decline wave, stock prices absorbed a significant amount of concerns related to geopolitical developments, rising bond yields, and other pressure factors, at a time when markets usually tend to price future expectations in advance. As prices fell to more attractive levels, liquidity began to return selectively during today's session, although its volumes remained below levels that reflect a broad shift in market direction. The “Main 50” index led the gains, rising by 1.10%, adding 109.99 points to close at 10,078.49 points, while the main market index rose by 0.15%, equivalent to 13.76 points, to 8,900.83 points. The First Market Index rose by 0.18%, or 16.70 points, to 9050.66 points. The general market index also rose by the same percentage, adding 15.52 points to close at 8654.04 points.

The value of trading at the end of the session amounted to about 74.01 million dinars, with 263.84 million shares traded across 19.33 thousand transactions. The “Main 50” was in the lead. The “Main 50” had recorded an increase of 1.42% in the middle of the session, before ending trading with a gain of 1.10%, to remain the strongest performer among the stock market indices.