Mubasher: Kuwait Finance House’s (KFH) stock rose 1.18% at 602 fils on Sunday, hitting the highest level in a month.
By 10:12 am Kuwait time, KFH’s stock led Boursa Kuwait in terms of liquidity with KWD 3.95 million, representing 43.3% of the market’s total liquidity amounting to KWD 9.12 million.
The stock encouraged the banking sector to increase by 0.47%.
The stock succeeded in rebounding from 580 fils exceeding 600 fils, market analyst Moustafa Al Garhi told Mubasher.
Moreover, the market may be added to the FTSE Russell index for emerging markets, which will enhance the bourse’s performance in the coming period, Al Garhi noted.
Translated by: Kholoud Mohamed Hussein
