Kuwait Stock Exchange indices are green in the middle of the session... and the “main 50” jumps 1.42%

The Kuwait Stock Exchange witnessed a positive performance in the middle of Tuesday’s trading, driven by strong rises for a number of main market stocks, which was reflected remarkably in the “Main 50” index, which topped the market indexes’ gains with an increase of more than 1.4%, while the gains included the majority of sectors. The “Main 50” recorded an increase of 1.42%, adding 141.07 points to reach 10,109.57 points, while the main market index rose. 0.49% to 8930.52 points. The gains extended to the leading stocks, with the Premier Market index rising 0.45% to 9074.21 points, while the general market index rose by the same percentage to 8677.65 points. The value of trading until mid-session amounted to about 38.73 million dinars, through the trading of 144.9 million shares across 9921 transactions. Increases reaching the double digits emerged during Transactions Price jumps for a number of stocks, as “Markaz” topped the list with gains amounting to 11.54%, followed by “Imtiyazat” with an increase of 9.79%, then “Allocation” with 7.50%, “Kamco” with 4.66%, and “Injazat” with 4.20%. KFH topped the list of most traded stocks in terms of

The value was about 4.70 million dinars, followed by “K Real Estate” with about 2.86 million dinars, then “Privatization,” “Cleaning” with 2.26 million dinars, and “A Real Estate” with 1.42 million dinars. On the other hand, “Gulf T” topped the list of declining stocks with a decrease of 5%, followed by “Petroleum” with 2.28%, and “KFIC” with 2.25%. “Return” by 1.86%, and “Trolley” by 1.75%. Green dominates the sectors. The rise came broadly at the sector level, as 10 sectors rose, compared to a decline in two sectors and stability in health care. The consumer goods sector topped the gains with an increase of 2.83%, followed by technology with 2.33%, industry with 0.87%, real estate with 0.83%, utilities with 0.76%, and financial services. By 0.73%, basic materials by 0.56%, while the banking sector rose by 0.42%. In contrast, insurance decreased by 1.37% and energy by 0.59%.