Kuwait stocks pulled back slightly on Thursday snapping the 13-day rally. The index see-sawed in broad range before losing 2.82 points at close. The market mood was mixed as early session buying alternated with brief selling. The bourse had rallied o
Kuwait stocks continued to trend Thursday to end the week on positive note. The index see-sawed in moderate range before closing 17.54 points up at 6574.78 pts — the highest level since February 2011. Some of the mid and low caps saw buying inter
Kuwait stocks revved up Wednesday as the bourse resumed trading after the 5-day break. The index rallied 34.22 points in volatile trading to 6,443.26 - the highest level in over nine-months. The trading was centered around the low and mid-caps even as
Kuwait stocks eked modest gains on Thursday to end week on a positive note. The index rose 4.2 points in wavy trading to 6,409.04 points — the highest level since May 2012. Heavyweights led by banks shined and some of the mid-caps too found buying
Kuwait stocks covered more ground Thursday to end week on a firm note. The index rose 13.32 points in volatile trade to a fresh multi-month high. The banks shined and some of the mid-caps too drew speculative interest even as the other heavy weigh
The Kuwaiti financial regulator, the Capital Markets Authority (CMA), has issued a statement warning the country’s Shari’ah-compliant financial institutions to ensure they employ the right number of properly qualified Islamic finance practi
Islamic financial institutions in Kuwait should hire enough personnel to ensure they comply with sharia standards, and work with the personnel in a transparent way, the country's market watchdog said on Tuesday. The statement by the Capital Market
Kuwait stocks surrendered early gains to close marginally in red on Thursday. The index inched 2.9 pts lower to 6288.71 points amid brisk trading after pulling sharply lower in the previous session. The trading floor was markedly volatile even as
Two of Kuwait Stock Exchange (KSE) indices ended last week in the green zone. The price index ended last week with an increase amounted to 0.68%, while the weighted index decreased by 0.11% compared to the closings of the week before, whereas KSX-1
The Capital Market Authority (CMA) held a symposium on ‘Corporate Governance Sound Practices: A Case for Financial Markets Stability’ yesterday at the Sheraton Hotel. Speakers from different countries participated in this symposium. Saleh Al-Fal