The general market index fell by 45.2 points as a result of the decline in 7 listed sectors
The wave of profit taking on profitable companies in the third quarter of 2023 falls in the first market by 58.9 points
Mahmoud Shendi
The Kuwait Stock Exchange closed its trading yesterday with its general index declining by 45.2 points, reaching the level of 6560 points, a decrease of 0.6%. 103.1 million shares were traded through 9393 cash deals worth 30.2 million dinars (about 92.1 million dollars), and the strong selling pressure on many stocks pushed them to decline. The market value of the stock market increased by about 268 million dinars, reaching the level of 38.828 billion dinars, compared to 39.096 billion dinars in the previous session.
The main market index decreased by 10.8 points to reach the level of 5,366 points, a decrease of 0.2 percent, through the trading of 48.9 million shares through 3,279 cash transactions, worth 6.4 million dinars (about 19.5 million dollars). The Premier Market Index also fell by 58.9 points to reach the level of 7,192 points, a decrease of 0.8 percent, through the trading of 54.2 million shares through 6,114 deals worth 23.7 million dinars (about 72.2 million dollars).
In parallel, the (Main 50) index decreased by 18.7 points to reach the level of 5,248 points, a decrease of 0.3 percent, through the trading of 24.3 million shares through 2,065 cash deals worth 4.5 million dinars (about 13.7 million dollars).
The session was affected by a decline in 7 sectors, led by health care, by 1.36%, while 5 sectors rose, led by utilities, by 0.58%, and the technology sector stabilized.
Trading witnessed a decline in the price of 60 shares led by “Emirates” by 17.56%, while the price of 44 shares led by “Mashaer” rose by 6.68%, after Mashaer Holding Company announced a decline in its profits by 79% in the first quarter of this year, and the price of 11 remained stable. An arrow.
“KFH” stock, which declined by 0.71%, led trading activity at all levels, with liquidity amounting to 5.65 million dinars, and a volume of 8.13 million shares, a decrease of 0.72%.
The companies (Emirates), (IFA Hotels), (Al-Oula) and (Tahsilat) rose the most, while the companies (KFH), (Watani), (Zain) and (Seven) were the most traded in terms of value, while the companies (Mashaer) and (Mashaer) were the most traded. (Progress), (Metals), and (Customization) are the lowest.
2023-11-13 17:23:14
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