582 MILLION DINARS NET FOREIGN PURCHASES OF KUWAITI SHARES IN 8 MONTHS

  • 05/09/2022

Kuwait City: Kuwait Stock Exchange will witness during the first eight months of this year intense purchasing transactions from foreign investors, as this came in light of the strong performance recorded by the Kuwait Stock Exchange during the past 8 months, in addition to some other positive indicators that supported the purchasing activity in the market, foremost of which was the rise oil prices.


The market value of the Kuwaiti Stock Exchange has also witnessed a remarkable increase since the beginning of the year, reaching 4.3 billion dinars, an increase of 10.4%, at the end of August transactions, with a value of 45.7 billion dinars, an increase from 41.4 billion dinars at the end of December of last year, which reflects the great demand on the part of foreign investors. on Kuwaiti stocks since the beginning of the year.

In this context, official data on the volume of trading in the official market according to nationality and trading category during the past eight months of this year revealed that foreign investors continued to enhance their confidence in the Kuwait Stock Exchange by making extensive purchases in Kuwaiti shares , with a net purchase of 582.05 million dinars.

Their purchases were concentrated through the portfolios of institutions and companies, which achieved a net purchase of 585.40 million dinars, as the net transactions of individuals tended to buy with a value of 2.23 million dinars, while the investment funds achieved a net sale of 5.58 million dinars.

During their transactions last August, foreign investment achieved a net purchase of 46.24 million dinars, as foreign purchases were concentrated in this month through institutions and companies, which achieved a surplus of 43.97 million dinars, and investment funds achieved net purchasing transactions of 1.23 million dinars, and the net transactions of individuals also tended to The purchase amounted to 1.03 million dinars.

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