Although the removal of Kuwaiti and non-Kuwaiti shares from the Kuwait Stock Exchange (KSE) list would need to be assessed in terms of effect in view of the current global financial crisis, it would not be of great magnitude causing grave concer
The Kuwaits current account surplus for 2008 was KD 17.4 billion up by 30.8 percent compared to 2007. CBK indicated that the figure was a result of compilation of the provisional figures for the balance of payments of the state of Kuwait for 2008.
Kuwait Stock Exchange gained momentum on Monday buoyed by the outcome of the parliamentary polls and hopes of fast implementation of the financial stimulus package. The index climbed 68.2 points in choppy trading led by National Bank of Kuwait and
Global General Index (GGI) continued its positive trend as it ended the day up by 1.54 points, which translates into a 0.79 percent gain during yesterdays session to reach 196.48 points. Furthermore, the KSE Price Index posted a gain yesterday of 68
Dubai Financial Market (DFM) launched today a new SMS notification service that allows investors to receive a text message on their mobile phones confirming share transfers among brokerage firms. The new service is just another initiative from the
Banks and real estate shares helped Dohas DSM20-Index in regaining territory. The stock index closed 1.44% at higher at 6,558.73 points. The countrys leading bank, Qatar National Bank (QNB), posted the biggest gain (up 3.96%). Al Khaliji Commercial
Kuwait’s main index opened the week up on an eventful Sunday in the wake of elections when Kuwaitis voted for change. The market closed 29.3 points up to end 7,659.1 points. The climb was 0.4 percent. The market opened low and entered green within the
Kuwait Stock Exchange (KSE) ended the first trading session in the week, after the parliamentary elections results were announced, with a positive performance. However, 25 listed companies, who did not announce their quarterly results, were susp
Against the weak trend other GCC exchanges, the Kuwait Stock Exchange (KSE) Price Index closed slightly (up 0.38%) higher at 7,659.1 points, indicating some sort of relief after yesterdays parliamentary elections which ended a three month politi
Global Investment House KSCC headed for its lowest close in more than a week after the Kuwait-based investment bank reported a first-quarter loss of 69.5 million dinars ($240 million). The shares sank 1.9 percent to 102 fils, poised for the lowest c