
The Kuwait Stock Exchange recorded a surge in liquidity during the last two trading sessions, with total flows reaching a record 277.4 million dinars. Of this, 131 million dinars were traded in the session the day before yesterday, while liquidity jumped to 146.4 million dinars yesterday, marking an increase of approximately 12%.
This jump in liquidity was driven by increased selling activity, which targeted several stocks that had risen significantly in recent sessions, with investors looking to lock in profits. The focus was particularly on stocks in the first market, which is experiencing a period of positive activity ahead of the upcoming financial results and annual distributions.
Yesterday’s session marked the start of the disclosure of financial results, cash distributions, and bonuses for several banks and companies, including the National Bank of Kuwait, Kuwait Finance House, and Mabanee Company. This development suggests that the market is likely to see a return to increased activity in the coming sessions.
The most liquid stocks in yesterday’s session were led by “Arzan” with KD 29.3 million, followed by “Aqarat K” with KD 28.5 million. “Baytak” came in third with KD 12.2 million, followed by “M. Aamal” with KD 8.6 million, and “Gulf” with KD 6.6 million.
Yesterday’s sales resulted in a decline in the market value by approximately KD 204 million, or 0.4%, bringing it down to KD 46.14 billion, compared to KD 46.34 billion the day before. Despite this decline, the market value remained above KD 46 billion.
The selling operations also caused a decline in all indices. The Premier Market Index dropped by 40.5 points, or 0.48%, closing at 8,320 points. The Main Market Index fell by 17.6 points, or 0.24%, to reach 7,239 points, while the General Market Index decreased by 34.4 points, or 0.44%, settling at 7,796 points.
Yesterday, the volume of traded shares saw an increase of more than 23%, with 596 million shares traded, compared to 484 million shares in Monday’s session.
The most traded shares were led by “Arzan” with 99.1 million shares, followed by “Aqarat K” with 84.6 million shares, and “M. Aamal” with 73.3 million shares.
Yesterday’s market decline was led by eight sectors, with the consumer goods sector falling by 2.99%. However, the indices of three sectors rose, with the insurance sector leading the way, gaining 1.4%.
The price value of shares in 49 companies rose, while 67 companies saw a decrease in share value. The share value of 13 companies remained stable, and 14 companies had no traded shares.