The Kuwait Stock Exchange concluded its trading for the month of May on a strong note Thursday, with total trading volume rising to KD 127.28 million. The surge was driven by institutional activity linked to the periodic review of Kuwaiti stocks by the MSCI Emerging Markets Index.
According to data published on the official exchange website, the session’s most actively traded stocks included Kuwait Finance House: 20.5 million dinars; National Bank of Kuwait: 12.8 million dinars; Warba Bank: 9.16 million dinars; Human Soft: 8.8 million dinars; Mabanee Company (Mabani): 7.85 million dinars and Gulf Bank: 5.2 million dinars
The Elite Market (First Market) captured the bulk of the liquidity, attracting 103.87 million dinars of total trades.
Index performance was mixed by the session’s close:
- General Index declined by 6.8 points
- First Market Index dropped by 9.01 points
- Main Market Index edged up by 0.69 points
- Main 50 Index recorded the steepest decline, falling 44.01 points
The market activity reflected investor repositioning in response to the MSCI rebalancing, which typically prompts increased trading in select blue-chip stocks as global fund managers adjust their portfolios.
