Bulls abandoned their position at Kuwait Stock Exchange as the bears gripped the local bourse in the current trading session of the week. Markets succumbed to selling bout losing -30 points , trading in negative zone. Wrapping the session in red zone left the stocks jittery. A trend of insecurity swept over the business where caution kept the traders from buying into stocks all through the trading day. The market stands at 7725 points. Experts believe however that all the positive news are now being incorporated in the price patterns of the market at the tail end of results season. The current international situation and political instability is casting a shadow of doubt in the mind of the investor. The market can remain volatile in the next few days.
| News | Source | Perception |
|---|---|---|
| Crown Prince sponsors celebration marking 70th ‘versary of Kuwait Investment Office in London | KT | Positive |
| KUWAIT-UK TIES HAILED | KT | Positive |
| Ambani’s three children join Reliance board | KT Biz | Neutral |
| New airport sparks unlikely dreams in isolated N Cyprus | KT Biz | Neutral |
| Moscow residents learn to live with drone strikes | KT Biz | Neutral |
| Government could reoffer projects to private sector | Gulf Biz | Neutral |
| Significant recovery for Kuwait in ’22 | Gulf Biz | Positive |
| Oil calmly coming down despite the OPEC+ cuts | Gulf Biz | Positive |
| Current | Earlier |
|---|---|
| #النصر_الشباب | #الكويت_كاظمه |
| #محمد_المطير_يفنش_موظفين_المجلس | ولي العهد الشيخ |
| #نادي_الكويت_بطل_العرب | المملكه المتحده |
| #حادث_الفاشينستا | مكتب الاستثمار الكويتي |
| رونالدو | سرب الفيديو |
| Date | Quote | Percentage |
|---|---|---|
| 08/28/2023 | 8 - 7,725.95 | -0.38% |
| 08/27/2023 | 11 - 7,755.67 | -0.13% |
| 08/24/2023 | 14 - 7,765.55 | 0.46% |
| 08/23/2023 | 17 - 7,729.84 | 0.17% |
| 08/22/2023 | 20 - 7,716.78 | 0.22% |
| 08/21/2023 | 23 - 7,699.66 | -1.40% |
| 08/20/2023 | 26 - 7,808.81 | -0.19% |
| 08/17/2023 | 29 - 7,823.53 | 0.01% |
| 08/16/2023 | 32 - 7,822.81 | -0.05% |
| 08/15/2023 | 35 - 7,826.92 | -0.08% |
| 08/14/2023 | 38 - 7,833.52 | -0.69% |
| 08/13/2023 | 41 - 7,887.67 | 0.34% |
| 08/10/2023 | 44 - 7,860.65 | -0.70% |
| 08/09/2023 | 47 - 7,916.15 | -0.37% |
| 08/08/2023 | 50 - 7,945.17 | -0.56% |
| 08/07/2023 | 53 - 7,989.91 | 0.60% |
| 08/06/2023 | 56 - 7,942.25 | 0.11% |
| 08/03/2023 | 59 - 7,933.39 | -0.58% |
| 08/02/2023 | 62 - 7,979.79 | -0.69% |
| 08/01/2023 | 65 - 8,035.18 | -0.32% |
| 07/31/2023 | 68 - 8,060.86 | -0.38% |
| Year | GDP (Bln. KD) | GDP(Bln.USD) | Growth |
|---|---|---|---|
| 2022 | 39.639 | 183.568 | 8.6% |
| 2021 | 36.477 | 135.761 | 1.3% |
| 2020 | 36.006 | 105.949 | -8.87% |
| 2019 | 39.504 | 136.192 | -0.91% |
| 2018 | 39.724 | 138.202 | 13.99% |
| 2017 | 38.778 | 120.687 | 10.75% |
| 2016 | 40.697 | 109.381 | -4.11% |
-0.38%