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Banks real estate shares push Kuwait bourse up |
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Wednesday, 10 August 2011 07:06 |
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Kuwait: Lifted by relief buying at Asian, European and U. S. exchanges, the KSE Market Index added0.32% to reach 5,900.8 points. National Bank of Kuwait, known as NBK, closed flat at KD1.040. Gary Dugan, CIO Private Banking at bank Emirates NBD warns investors to stay cautious, despite today's technical rebounds. "In the current climate of fear, markets are likely to trade on technicals meaning that investors will look for key chart supports."
The Investors Holding Group surged nine percent to reach KD0.012, while Heavy Engineering and Ship Building lost the most (off 9.77% at KD0.325). [AMEInfo.com] Read more:
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