10 sectors finally fall on the Kuwait Stock Exchange … and...

10 sectors finally fall on the Kuwait Stock Exchange … and...
10 sectors finally fall on the Kuwait Stock Exchange … and...
The Kuwait Stock Exchange indexes declined, at the end of the trading session on Sunday, the beginning of the week’s sessions, as the general market index fell by 0.86%, losing 49.41 points to close at 5685.82 points, and the first market index fell by 0.98%, losing 62.52 points to close at 6314.93 points, and the index fell The main market by 0.51%, losing 22.57 points to close at 4435.14 points, and the main 50 index declined by 0.51%, losing 23.11 points to close at 4496.46 points.

Trading volume at the close of transactions amounted to about 333.5 million shares worth 50 million Kuwaiti dinars through the implementation of 12.2 thousand transactions, and 10 sectors fell on the Kuwait Stock Exchange, led by the technology sector by 1.96%, followed by the real estate sector by 1.94%, followed by the consumer services sector by 1.09%, then the sector. Banks by 1.04%, then the financial services sector by 0.79%, then the consumer goods and oil and gas sectors by 0.53%, then the insurance sector by 0.52%, then the basic materials sector by 0.50%, while the utilities sector alone rose by 0.31%.

The share of Sanam Real Estate Company came on top of the green list listed on the stock exchange, up by 9.82%, followed by the share of the City for Finance and Investment Company by 9.74%, then the share of the Kuwait Finance and Investment Company by 6.14%, while Warba Bank topped the red list, down by 5.68%, followed by the share of the company. Kuwaiti Hotels by 4.95%, followed by the Minerals and Manufacturing Industries Company, by 4.90%.

In a related context, the Kuwait Stock Exchange announced that trading in the shares of some companies has been suspended according to the following: –

First: Companies that did not submit data for 6-30-2019, 9-30-2019 31-12-2019, 3-31-2020 and 6-30-2020:

Tamkeen Holding Company.

Second: Companies that did not submit data 31-12-2019, 31-3-2020 and 6-30-2020:

Kuwait Cable TV Company.

Third: Companies that did not submit data 7-31-2019, 10-31-2019, 1-31-2020, 4-30-2020 and 7-31-2020:

Effect Real Estate Company.

Fourth: Companies that did not submit data 3-31-2020 and 30-6-2020:

Danah Al-Safat Food Company.

Ajwan Gulf Real Estate Company.

Fifth: Companies whose losses exceeded 75% of the capital:

Al-Rai Media Group Company.

Danah Al-Safat Food Company.

Deira Holding Company.

Sixth: Companies suspended due to liquidation:

Effect Real Estate Company.

Danah Al-Safat Food Company.

Seventh: Companies that have not paid the annual subscription fee for the year 2019 and 2020:

Tamkeen Holding Company.

Sharjah Cement and Industrial Development Company.

Ras Al Khaimah Company for the manufacture of cement and construction materials.

Kuwait Cable TV Company.

Eighth: Companies that have not paid the annual subscription fee for the year 2020:

Effect Real Estate Company.

The global real estate cities company.

Ninth: Companies suspended by a decision of the Violation Review Committee:

Yiaco Medical Company.

Tenth: Companies suspended by a decision from the Capital Markets Authority:

Arabi Holding Group Company.

Ajwan Gulf Real Estate Company.

Abyaar Real Estate Development Company.

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