The Kuwait Stock Exchange’s main indices varied during the third session of this week, after four sessions of decline since the end of last week and the beginning of this week.
The general market index settled at a limited decline of 0.19 percent, or 13.06 points, to close at 7013.85 points.
Liquidity increased and reached 61.7 million dinars. The number of traded shares also increased to 346.3 million shares through 16543 transactions. Also, 124 shares were traded, 49 of which gained, 59 lost, while 16 remained unchanged.
The Premier Market Index lost 0.24 percent, or 17.98 points, to close at 7512.86 points, with liquidity reaching 22.4 million dinars. A total of 55.7 million shares were traded through 5109 transactions.
Moreover, 34 shares were traded, of which only 7 gained, 20 lost, and only 7 remained stable without change.
On the other hand, the main market index gained 0.05 percent, or 3.06 points, to close at 6408.84 points, with liquidity reaching 39.2 million dinars, with 290.6 million shares traded through 11434 transactions.
Whereas, 90 shares were traded, of which 42 gained, 39 lost, and only 9 remained unchanged. Small stocks Kuwait Stock Exchange trading started yesterday with an increase in liquidity and activity compared to the opening that preceded it.
There was a liquidity flow that exceeded one million dinars during the first minute. Small stocks moved, which also dominated activity and values for most of the session, led by the stocks of Inovest and Business City, which achieved two fils each at the end of the session and closed in the green.
The jump among small stocks was for Warba Capital, which achieved a growth of 18.5 percent with large trades exceeding 4.5 million dinars, as more than 25 million shares were traded.
MENA stock was also active with trades exceeding 3.6 million dinars, and the volume of shares traded was 18.8 million shares, achieving a growth of 7 percent.
Among the active small stocks yesterday, which appeared for the first time among the valuable stocks, was the privatization stock, which also traded 16 million shares at a value of 724 thousand dinars, and achieved a growth of 8 percent, as well as the first stock with a similar value and trades of approximately 18 million shares, and achieved approximately 5 percent.
The National Investments and Future shares also improved, and Manazel shares also stabilized with liquidity exceeding 200 thousand dinars, while the decline was in First Fuel, National D.Q. and Arab Holding amid limited profit-taking operations on these shares, which achieved large gains during the past sessions.
What’s more, among the leading stocks, there was clear pressure on Agility stock, which lost 4 fils, or 1.6 percent, while the large leading stocks moved during the end of the session, especially during the auction period.
Baytak improved and turned from red to green, gaining a fils with trades exceeding 7.5 million dinars, and returned to occupy the first place after it had fallen significantly in the middle of the session in the list of the most liquid stocks.
While the National improved and regained the level of 852 fils and closed with a loss of 3 fils to end the session relatively balanced, but the National and Agility declined under pressure on the first market index, while the main market indices benefited from the increases in small stocks by the percentages we mentioned.
In the Gulf, the red color dominated the trading of the main Gulf markets, and the rise was only in the Abu Dhabi and Muscat indices, and oil prices were trading in the green with a growth of 1 percent as Brent exceeded the level of $74 per barrel.
