As 2010 comes to close, a look back at the Kuwait SE weighted index performance reveals a stellar run. The Kuwait SE has risen 22.46% since the beginning of 2010. Compare this with the 12.84% and 10.57% returns registered by emerging markets and the U.S. respectively.
In the midst of the political abyss, I tried to find a shining point that could lift us up. Next year should be even better for the Kuwait SE as the development plan gets rolling, the Zain saga will be over, oil potentially will spikes to above $100, and the long-awaited Capital Markets Authority rolls-up its sleeves!
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