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The average daily trading value on KSE for October was approximately KD 74.6 million, about four percent higher than September’s average of around KD 71.8 million, considered high for both months.
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Liquidity on KSE for the first ten months of 2024 reached about KD 11.9 billion, with the average daily trading value for this period amounting to about KD 57.9 million—a 38.4 percent increase compared to the same period in 2023.
According to a specialized economic report, liquidity traded on the Kuwait Stock Exchange (KSE) rise by 13.9 percent in October transactions, reaching approximately KD 1.7 billion, compared to KD 1.5 billion in September, Al Rai newspaper reported.
The report from Al-Shall Consulting Company, issued on Saturday, noted that performance in October was positive compared to September, with increases in the average daily trading value and liquidity amid favorable results for most price indicators.
It highlighted that the main market index rose by approximately 3.9 percent, the (Main 50) index by around 4.3 percent, and the general market index by about 0.3 percent, while the premier market index declined by around 0.5 percent.
The report indicated that the average daily trading value for October was approximately KD 74.6 million, about four percent higher than September’s average of around KD 71.8 million, considered high for both months.
It also noted that liquidity for the first ten months reached approximately KD 11.9 billion, with the average daily trading value for this period amounting to about KD 57.9 million—a 38.4 percent increase compared to the same period in 2023, which averaged about KD 41.8 million.
The report added that liquidity trends since the beginning of this year show that half of the listed companies received only 4% of that liquidity, with 50 companies obtaining just 1.3% and one company experiencing no trading at all.
Regarding relatively small but liquid companies, the report stated that twelve companies (including four in the premier market), with a combined market value of about 2.9% of the total listed companies’ value, received approximately 19.4% of the stock exchange’s liquidity. This, it explained, indicates that high liquidity activity continues to bypass about half of the listed companies, instead heavily favoring companies with smaller market values.
