Boursa recovers amid global economic tensions

The Kuwait Stock Exchange indices rebounded on Tuesday after two days of sharp declines driven by global economic tensions and the US new tariffs.

The General Market index rose by over 1.6%, while the Premier Market index gained more than 1.8%, signaling a return of investor confidence and the market’s ability to absorb recent global developments, according to Al-Anba daily.

Early trading saw significant activity, with financial portfolios rebuilding positions in declining stocks, capitalizing on attractive price levels following the recent downturn.

This recovery follows a steep loss of over 5% in some indicators during Sunday and Monday sessions, which led to the activation of trading breaks to mitigate the market’s response to global trade tensions.

Investors are now awaiting the outcome of global market movements and the continuation of the recovery wave in the local market.