KSE ended yesterdays session in the red territory driven by heavy weight banking stocks losses. Its worth mentioning that, the court of appeal decided to temporarily suspend trading on Boubyan Bank shares owned by Investment Dar and registered under
The National Bank of Kuwait (NBK) has said that Kuwaits current account surplus may fall 40% this year from KD17.4bn ($60.4bn) in 2008, due to lower oil prices and a decline in the return on foreign assets. With the KD9bn loss in government foreig
Kuwait Stock Exchange (KSE) witnessed volatile trading yesterday, but the last minute transactions helped the index to rise. Global General Index (GGI) rose by 0.12 percent to reach 224.72 points. On the other hand, the KSE Price Index went up addi
The Kuwait Stock Exchange (KSE) Price Index addad 0.31%, closing at 8,308.7 points. Contrary to the UAE exchanges, real estate share were strong in Kuwait with Aqar Real Estate Investments gaining 9.6%. Shares of Islamic bank Boubyan Bank jumped 8.16%
Kuwait stocks eked marginal gains on Sunday, reversing the decline in the previous session. The index was up 5.5 points at close after trading below the red for most part of the day. The advance was led by strong rally by National Bank of Kuwait whi
The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close. The Dubai Financial Market General Index advanced 3.8 percent and Abu Dhabi’s ADX General Index rose 3.4 percent. Sau
KUWAIT: Kuwait Stock Exchange managed to end its trading session on a positive note yesterday. The market was supported by Banking Index. Global General Index (GGI) rose by 0.58 percent to reach 224.45 points. On the other side, the KSE Price Index
The Saudi Tadawul Index gained insignificantly and closed only 4.54 points higher. It was symptomatically fot todays market action that market bellwether closed unchanged at SR73.25. Tourism Enterprise, dubbed Shams (arab. Sun) gained 5.08%. KSA aims t
Kuwait Stock Exchange (KSE) was going almost sideways this week before closing at a marginal decline. The trading activity was lower compared to the above average trading occurred the week before with most of it concentrated on the services sector and
Kuwait Stock Exchange (KSE) has displayed a stable performance in the past week, despite its main indices apparent fluctuation during the weeks sessions. Last week witnessed an increase in selling pressures after three consecutive weeks of reg