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We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
Boursa Kuwait's market capitalization fell 3.72% in October to KD50.63 billion as regional tensions weighed, with the Main Market index down 7.03% for the month.
Trading value on Boursa Kuwait fell 39.5% in October to about KD1.482 billion from KD2.448 billion in September, Kuwaiti consultancy Al-Shall said in its weekly report.
Boursa Kuwait's market capitalization fell 3.72% in October to KD50.63 billion as regional tensions weighed, with the Main Market index down 7.03% for the month.
Trading value on Boursa Kuwait fell 39.5% in October to about KD1.482 billion from KD2.448 billion in September, Kuwaiti consultancy Al-Shall said in its weekly report.
Boursa Kuwait's market capitalization fell 3.72% in October to KD50.63 billion as regional tensions weighed, with the Main Market index down 7.03% for the month.
Saudi Arabia's main index rose 0.37% to close at 10,023.47 points on Wednesday, while Abu Dhabi's benchmark fell 1.6% as Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank led losses.
Saudi Arabia's benchmark index jumped 3.43% on Monday, leading broad gains across Gulf stock markets, while Qatar's index rose 2.75% and Kuwait's all-share index climbed 1.96%.
Boursa Kuwait's All-Share index rose 38.61 points, or 0.47%, to 8,329.42 on Sunday, as 11 sectors gained after a week of losses. Qatar's index edged up 0.05%.
Kuwait International Bank's nine-month net profit rose 30% to KWD26.6 million, with third-quarter profit up 62% to about KWD9 million as fee income and financing grew.
Ooredoo Kuwait's nine-month net profit fell 29% to KWD48 million after a KWD23.5 million provision tied to a claim by the Central Bank of Algeria, while revenue rose 6% to KWD608 million.
Saudi Arabia's benchmark index fell 2.32% to 9,695.86 points on Thursday, its lowest close since April 2021, as Dubai, Abu Dhabi, Qatar and Kuwait also closed lower.
Dubai's main share index rose 0.43% on Wednesday, lifted by Emirates NBD and Dubai Islamic Bank, while Abu Dhabi, Kuwait and Saudi Arabia closed lower and Qatar rebounded.