Al-Waseet Financial Business Company topped the ranking of brokerage companies registered on Boursa Kuwait for the seventh consecutive month, as it ranked first among its peers in the list of best performing brokerage companies for the performance of July 2024.
The new classification issued by the Stock Exchange regarding the performance of last month, according to the traded value, excluding private deals and the mandatory purchase session, the performance of brokerage companies was classified in the following order:
Al-Waseet Financial Business Company, EFG Hermes IFA, KFH Brokerage Company, KFH Financial Brokerage Company, Watani Financial Brokerage Company, CBK Brokerage Company, Al-Sharq Financial Brokerage Company, Middle East Financial Brokerage Company, First Securities Brokerage Company and KFIC Brokerage Company.
It is noteworthy that the performance of the Kuwait Financial Brokerage Company and the CBK Brokerage Company improved in terms of traded value compared to the performance of last June.
The Kuwait Stock Exchange indices recorded a green result during July, amid an increase of 1.822 billion dinars in the market value of shares, as the first market index recorded a growth of 4.72% or 355.83 points, to conclude July trading at 7899.47 points, compared to its level at the end of last June. The general market index also rose by 4.36%, equivalent to 302.43 points, to reach 7239.41 points for the month.