Kuwait's bourse resumed its rally and trading value surged to a 44-month high yesterday, backed by investors' sense that the economic and political environment for the country is improving. Most other regional markets rose. The Kuwaiti index added 0.6
Kuwait stocks extended the winning spree to fifth consecutive session with hefty gains on Thursday. The index vaulted 60.34 points in volatile trading to 7287.67 pts, the highest level since first week of November 2009. The sentiment was markedly
Kuwait stocks rallied strongly to breach the 7000 point mark on Tuesday, after closing in red in last two sessions. The index soared 91.49 points, the biggest single day gain of the month, to wind up at 7043.84 pts — the highest level since Novem
Kuwait News Agency KUNA reports that Kuwait's Capital Markets Authority (CMA) granted licenses to 11 local brokerage firms on Sunday, after they met the CMA’s conditions regarding their financial status. The companies are Al-Robaeya Brokerage Com
Kuwait stocks pulled higher Thursday to end the week on firm note. The index, after a wobbly start, climbed 29.96 points to 6977.73 points – the highest level since last week of January 2011. Wataniya Telecom and some of the low and mid caps paced the
Kuwait's small-caps helped lift the bourse to a 26-month high as investors bet on improving earnings, while other regional markets were mixed. Kuwait's index climbed 0.5 percent, its highest close since January 2011. Turnover in the last three weeks h
Kuwait stocks eked slight gains on Thursday to end the week on a tepid note. The index inched 3.02 points higher in choppy trade to settle at 6817.38 points — the highest level since the start of 2011. The trading floor sentiment was skittish in a
The Kuwait Stock Exchange yesterday suspended trading in the shares of 17 listed firms for failing to report their annual financial results on time, a statement said. The companies violated a rule that requires them to post their results of the p
Kuwait stocks pulled sharply lower on Thursday to end the week on a sour note. The index slumped 56.05 points in a broad decline to 6720.36 as investors exited positions on renewed delisting fears as the earnings deadline draws close. Some of the
Kuwait stocks pulled back slightly on Thursday, snapping the four-day advance. The index sagged 10.65 points in volatile trading to close at 6815.75 points as investors locked profit after the rally which lifted the bourse to the highest level in ove