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Kuwait Stock Market Closes Marginally Lower

Kuwait city: Kuwait's main stock market index closed marginally lower on Tuesday, slipping 0.06% or 5.26 points to finish at 8,733.72.

According to Qatar News Agency, a total of 310.2 million shares changed hands in 21,796 cash transactions, with a combined value of KWD72.1 million (about USD234.8 million). The Main Market outperformed the broader index, rising 12.18 points, or 0.14%, to close at 8,841.11. Trading in the segment totaled 209.8 million shares worth KWD31 million (around USD100.9 million) across 13,086 transactions.

By contrast, the Premier Market Index fell 9.24 points, or 0.10%, to 9,164.16. It recorded trading of 100.4 million shares valued at KWD41.1 million (approximately USD133.8 million) through 8,710 transactions. The Main 50 Index was the day's strongest performer, gaining 36.92 points, or 0.37%, to end at 10,098.56, with 178.6 million shares traded in 9,588 transactions worth USD25.9 million (about USD84.3 million).

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