Supported by the trading activity of the shares of banks and the leading listed companies, the general index of the Kuwait Stock Exchange market recorded a rise so far by 47 points, equivalent to 0.6 percent.
The purchasing power witnessed by the components of the Premier Market was reflected in its weighted index, which is currently trading above 8590 points, that is, at new limits that it has not traded on since the launch of the division of markets and new indices in February 2020, reports Al-Rai daily.
Al-Rai monitored KFH’s stock touching the dinar price for the first time since the global financial crisis, more than 12 years ago.
The rise in Kuwaiti oil prices to a level of approximately 113 dollars had positive repercussions on the psychology of investors and the pace of trading in general, and thus increased confidence levels among the financial circles and the general dealers.
Read Today's News TODAY... on our Telegram Channel click here to join and receive all the latest updates t.me/thetimeskuwait
