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Al-Awal drags stocks down while main indices climb
The report addresses the performance of the Kuwaiti stock market during the current period. The stock indices have experienced noticeable fluctuations, with slight rises and declines in value. The main indices recorded relative increases of up to 69.2% and 76% over specific time frames. Data also shows that trading volume reached approximately 24 billion Kuwaiti Dinars, while the number of advancing and declining shares ranged between 13 and 15 stocks. There has been volatility in stock prices, such as the leading stocks, which saw modest gains of up to 1.40%. Projections indicate that this volatility is likely to continue, with a gradual improvement in performance. It is expected that the market will settle at higher levels by the end of the year, while closely monitoring the effects of several local and global factors on the market.
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