Kuwait Stock Exchange Closes Lower Despite Gains in Select Indices


Kuwait city: The Kuwait Stock Exchange ended today’s trading session with its overall index falling by 22.63 points, a decline of 0.26%, closing at 8,755.47 points.



According to Qatar News Agency, a total of 504.3 million shares were traded through 25,825 transactions, with a total value of KWD 94.3 million (approximately US$ 286.6 million). Breaking down the performance by market segments, the Main Market Index rose by 8.16 points, or 0.10%, closing at 8,170.72 points. This movement came on the back of 359.7 million shares traded across 17,910 deals, valued at KWD 46.5 million (US$ 141.3 million).



Conversely, the Premier Market Index declined by 31.44 points, or 0.34%, ending the day at 9,333.93 points. Trading in this segment involved 144.5 million shares through 7,915 transactions, with a value of KWD 47.7 million (US$ 145.3 million).



Meanwhile, the Main 50 Index saw notable gains, climbing 38.30 points, or 0.46%, to close at 8,455.30 points. This was supported by trading 256.4 million shares in 10,596 deals, worth KWD 33.4 million (US$ 101.5 million). The mixed market performance reflects varied investor sentiment across sectors amid ongoing economic developments locally and globally, which continue to influence market dynamics.