Date: 16 Shawwal 1443   Tuesday 17 May 2022

  • Last Update: Tuesday 17 May 2022، 06:17:22.

More than half a billion dinars are lost in one session by Bourse in Kuwait

08:22 12 May 2022 Author :  

The Premier Market Index fell 1.09 percent (-101.79 points), the general index fell 1.03 percent (-86.63 points), and the Main Market indices and 'Main 50' fell 0.83 percent (-53.03 points) and 1.03 percent (-69.95 points), respectively.

According to figures by "Kamco Invest," a local Arabic daily, the market value of the entire firms listed on the stock exchange lost around 502.3 million dinars in one session, closing at 48.276 billion dinars at the end of trading today.

Among the 136 businesses whose shares were traded on the Premier and Main markets, 89 finished lower, 34 gained higher, and 13 remained steady in their values compared to the previous session's closings.

Out of the 26 listed securities, 21 fell in the premier market, while three climbed slightly (National Investments by 0.47 percent, Integrated by 0.44 percent, and Al-Jazeera by 0.37 percent), and two were steady from their closing prices in the previous session (Shamal Al-Zour and ALAFCO).

In the main market, 68 of the 110 equities traded fell, while 31 gained and 11 remained at their closing levels from the previous session.

The telecommunications sector index declined by 1.86 percent, followed by the industrial sector index, which fell by 1.22 percent, financial services by 1.21 percent, basic materials by 1.18 percent, and real estate by 1.14 percent, while the banking sector index fell by 0.93 percent.

Insurance climbed 0.29 percent, consumer services rose 0.15 percent, and energy rose 0.05 percent, but utilities and health care indices were unchanged./KL

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