Kuwait Stock Market: Mixed Performance Between Premier and Main Markets, Trading Value at KWD 53.37 Million

The Kuwait stock market delivered a mixed session today. The Premier Market Index dropped to 9,419.03 points, down by 8.65 points (-0.09%). In contrast, the BK Main 50 Index increased by 55.28 points (+0.65%) to 8,613.54, and the Main Market Index rose by 33.57 points (+0.41%) to 8,225.29. The All-Share Index was nearly flat at 8,831.79 points. Trading activity totaled KWD 53,372,723.176 across 5,659 deals and 173,755,067 shares, with a total market capitalization of KWD 43,482,778,265.135.

Top gainers included ALTIJARIA (+2.36%), ALFTAQA (+1.72%), STC (+0.73%), HUMANSOFT (+0.65%), and ZAIN (+0.59%). On the downside, MKHZN (-2.04%), KIB (-1.47%), JAZEERA (-1.10%), GBK (-0.84%), and SHIP (-0.70%) were the biggest losers. ALTIJARIA was the most actively traded both by value (KWD 13.53 million) and volume (over 63 million shares).

Market sentiment was selective, as liquidity concentrated on specific stocks, particularly ALTIJARIA. The session coincided with a drop in Kuwait crude oil prices to $57.03 per barrel, down 3.45%, a factor that often influences market sentiment in the region.