The Kuwait Stock Exchange (KSE) saw a modest rebound in its second weekly session yesterday, recovering slightly from losses recorded in Sunday’s trading.
Analysts attributed the limited gains to a gradual improvement in investor sentiment and selective buying of certain stocks, particularly those of leading companies.
Meanwhile, in a precautionary statement, the KSE warned traders and stakeholders about potential fraud and scam attempts involving impersonation of the exchange or its officials, reports Al-Jarida daily.
The exchange stressed that some individuals or entities may falsely present themselves as the KSE, licensed brokers, board members, the CEO, executive management, or other employees through emails, websites, or social media, with the aim of defrauding traders or stakeholders.
Investors are urged to exercise heightened vigilance and verify all communications before taking any action.
