Kuwait's bourse resumes gains as investors shift funds to smaller-cap stocks, while trading volumes in Dubai
slump to a six-weeks low with traders wary ahead of a European Central Bank policy meeting on Thursday.
Kuwait's index ends 0.3 percent higher at 5,910 points, up for 12 sessions in the last 15.
Small-caps Ithmaar Bank and Commercial Real Estate Co gain 2 and 4.2 percent respectively, two of
the top traded five stocks.
Bluechips have underperformed the benchmark of late, with small-cap stocks the biggest gainers. The latter are largely the preserve of retail investors who typically speculate for short-term gains, but analysts say improving economic fundamentals are a factor in the recent rally.
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