Sunday, 11 November 2012

STOCKS NEWS MIDEAST-Kuwait hits 3-wk high; UAE, Qatar drop - Yahoo! News Maktoob

Kuwait's bourse closes at a fresh three-week high, recovering early-session losses as buying in bluechip stocks supports, while UAE markets end lower.
Kuwait Finance House and Ahli United Bank each advance 1.3 percent and developer Mabanee Co jumps 5.1 percent.
Analysts say increased trading in Kuwait's heavyweight stocks is the result of buying by stake-linked funds to support a market that fell to an eight-year low on Nov. 4.

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