Turkey Cuts Power to Iraq Amid Unpaid Fees

raq electricity supply faced a serious disruption...

Iraq’s Elections Face New Scandal After Candidate Arrest

Iraq’s elections face new scandal after a...
HomeBusinessKuwait Stock Exchange...

Kuwait Stock Exchange Trading Update: General Index Rises While Main Market Dips

The Kuwait Stock Exchange closed higher on Tuesday, with the general index gaining 16.70 points to reach 7,917.92.
This marks a 0.21 percent increase, continuing a steady performance in regional financial markets.

A total of 620 million shares changed hands through 25,233 spot transactions.
Trade value reached KWD 112.19 million, or approximately $343.3 million.

This Kuwait Stock Exchange trading update also reflects mixed performance across market segments.
The Main Market Index dropped 16.98 points, closing at 7,202.05—a decline of 0.24 percent.

The Main Market recorded 475 million shares traded in 15,914 cash transactions, worth KWD 54.6 million ($167 million).
This suggests a lower investor appetite for mid-tier stocks during Tuesday’s session.

In contrast, the Premier Market Index rose by 25.93 points, or 0.31 percent, reaching 8,487.68 points.
It saw 144.9 million shares traded through 9,319 transactions, valued at KWD 57.5 million ($175.9 million).

The Premier Market’s gains helped lift the overall exchange performance.
Investors focused more on blue-chip stocks, driving the upward momentum in key sectors.

Meanwhile, the Main 50 Index recorded a modest increase of 0.14 points to reach 7,116.09 points.
It registered 396 million shares traded across 13,062 cash transactions, worth KWD 48.4 million ($148.10 million).

Analysts said the trading activity showed healthy turnover and selective buying in leading market sectors.
Some investors preferred stability in blue-chip equities while awaiting economic policy developments.

This Kuwait Stock Exchange trading update underscores investor caution and sector-specific movements within the Kuwaiti financial landscape.
Market participants continue watching global interest rate trends and oil prices for guidance.

The Kuwait Stock Exchange trading update highlights a session of mixed sentiment, driven by stock type and trade volume fluctuations.

Continue reading

Saudi-Syria Economic Partnership Advances with Multi-Billion Dollar Deals

A high-level Saudi business delegation arrived in Syria on Wednesday, marking a significant step in the Saudi-Syria economic partnership. Led by Investment Minister Khalid Al-Falih, the group aims to finalize deals worth $4 billion to $6 billion. These agreements will...

Saudi Coffee Production Initiative Boosts Output with Advanced Farming Techniques

Saudi Arabia has taken a major step toward strengthening its agricultural sector with the launch of a new Saudi coffee production initiative. This project, led by Saudi Reef and Estidamah, focuses on expanding high quality coffee cultivation through innovative tissue...

Autonomous Vehicle Trial in Riyadh Marks Major Step Toward Smart Mobility

Riyadh has taken a major leap into the future of transportation with the launch of an autonomous vehicle trial in Riyadh. Saudi Arabia’s Transport Minister, Saleh Al-Jasser, inaugurated the pilot project on Wednesday, signaling a new era of AI-driven mobility. This autonomous...