00:00 Although January is the first of the month of 2024, many figures make it one of the best months of trading that has passed on the Kuwaiti exchange for more than a year.
00:12 In January, there was a surge in buying operations on large and medium-sized stocks.
00:17 Its prices returned to the level they had left for months, and the first market indicator returned with it to above 8000 points.
00:26 Finally, the main market indicator rose to over 6000 points, all in the midst of a severe recession that brought its average daily value to 55 million dinars.
00:38 January this year is better than a year and a half. There is a constant rise, not a continuous decline.
00:51 These gains are due to reasons, such as optimism in the new government and the expectation of reducing interest rates or reversing global inflation or improving stock markets around the world.
01:02 The strong buying operations in the stock market may be a pre-pricing door for the annual financial results, especially for the banking sector, which analysts expect to achieve good results and be targeted in most stocks.
01:18 We believe that the quality and credibility of the stock market will rise in the coming year.
01:26 We see that some banks in the region, not in specific markets, enjoy these advantages, which are the valuation and financial distribution, and credibility in terms of profits.
01:41 The main market, which has many stocks, also recorded one of the best months in circulation, and its indicator rose to the highest point in the middle of 2022, with the support of heavy stocks such as the Kuwaiti Commercial Bank and the Kuwaiti People's Bank.
01:58 In January, the month of the collections, the exchanges of national investment stocks, stocks of the Ayan Group or the Al-Bahr Group, which recorded stocks such as IFA, Fnatic, Montreux, Arzan, Kuwait Real Estate, and IFA, were the most profitable.
02:16 In January, the governorates always look for companies that have distribution, and this is evident at the end of the year. They try to acquire stocks that have distribution and are profitable.
02:31 In January, the Kuwaiti People's Bank, Real Estate and STC, the first market stock exchange, the commercial bank, IFA, and Arab Bank, and the holding exchange, also saw a decline.
02:46 In January, the Kuwaiti Financial Bank will take final steps to announce its integration with the Kuwaiti People's Bank.
02:55 In January, the Kuwaiti People's Bank will announce its intention to sell the latest aircraft of its air fleet.
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