Gains of 1.7 billion dinars on the stock market in 10 sessions



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The Kuwait Stock Exchange (KSE) has continued its recovery since the beginning of the month, gaining additional gains for its indices, as well as continued liquidity hikes especially during the current week

Weekly earnings, earnings according to KAMCO investment report, rising to about 720 million dinars to achieve market gains in July this year about 1.7 billion dinars, to stabilize the capital value of 29,284 billion dinars. Million Rose an average of 36 million dinars a day, compared with an average 130 million dinars a day of 26 million dinars last week, a 37 percent rise in the middle of liquidity expectations went down to the biggest investment of containers in Kuwait.

Wednesday's last trading session was marked by a cash flow of 49 million dinars over the last 12 months, and it was noted that liquidity was focused on the main stocks listed on the leading domestic and national market. The largest market accounted for 82% of the total value, while the main market received 18% of liquidity, indicating that local and foreign funds and funds continue to target the main securities with operational activity.

The activity of the Kuwait Stock Exchange during the week, based on the same positive factors that were the reason for the beginning of the positive business last week, the most important of these factors are :

1. The Kuwait Stock Exchange (KSE) is considered one of the region's best exchanges at the level of attraction of foreign flows, as recently emphasized by EFG Hermes

. Market activity increased the MSCI index, which included the Kuwait Stock Exchange to the annual review list of the 2019 market rating. MSCI representatives met with members of the management of the Kuwait Stock Exchange during the week. The FTSE index will be activated in September.

The index closed at the end of the week as follows:

* The overall market index rose 2.6%, reaching 126 points, reaching 5213 points.

The first stock index jumped 3.2% at the end of the week, gaining 164 points to 5,344 points.

* The main index rose 1.1%, gaining 49 points to 4,975 points and approaching the launch level of April Passed to the first market index

© Al Anba 2018

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