The Kuwait Stock Exchange and its daily variables jumped significantly during the last trading of the week, and the main market index gained 1.02%, or 81.17 points, to close at the level of 8,042.64 points, with great liquidity that approached the level of 72 million dinars, 233.9 million shares were traded through 12,655 transactions, and 140 shares were traded in which 60 gained and 55 lost, while 25 stocks settled unchanged.

The Premier Market index gained 1.19 percent, or 104.9 points, to reach 8926.14 points, on its way to breaching the level of 9 thousand points, with great liquidity today, which amounted to 54.8 million dinars.

The main market index recorded a lower rise and a profit of 0.43 percent, or 26.52 points, to close at 6,222.73 points, with relatively good liquidity, compared to this week’s average of 17 million dinars. 124 million shares were traded through 5604 deals, and 114 shares were traded, of which 44 gained and 47 lost, while 23 settled unchanged.

The leading stocks continued to play a pivotal role in the transactions of the Kuwait Stock Exchange, and after international reports indicating the estimates of huge liquidity entering the Gulf financial markets, the latest of which was the Morgan Stanley report, which estimated it at 82 billion dollars the dealings in the first minutes quickly eased and retreated.

The leading shares returned to take control, as foreign liquidity targets large operational shares with known weights in the market, which moved yesterday under the leadership of Ahli United once again, as it achieved a significant growth of 2.6 percent and a large liquidity that exceeded 14.4 million dinars.

The KFH jumped to the level of 1026 fils, gaining 1.68% after a large influx of liquidity and a decline in the selling offers on the stock and the improvement in the performance of Agility, whose annual profits and distribution are awaited by many market observers and the NBK profit of 0.8 percent as well, and closed at its highest level in 3 years, the shares of Human Soft, STC, Boubyan Bank and Zain also controlled great liquidity, and all of them recorded gains such as investments, projects and franchises.

Boubyan Petrochemicals’ share gained 2 percent, so that the green color permeated all market indicators, and after the improvement in the performance of EVA’s shares in the main and the stability of the National Real Estate and the great absence of most of the small shares, the session ended green with distinction and the best in the Gulf.

The green colors covered all the indicators of the Gulf financial markets operating today, led by the Kuwait General Index and the Qatar Stock Exchange index, which also achieved clear gains, while the rest were satisfied with mostly marginal gains as oil prices traded above $121 a barrel after news of punches directed at the economy and energy from both sides of the Ukrainian-Russian conflict and after the latter’s decision to collect the price of Russian gas and oil in rubles.


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