MIDEAST STOCKS-Kuwait outperforms, Dana off highs in Abu Dhabi:
"Kuwait’s stock market outperformed in early trade on Tuesday as it reopened after Eid al-Adha holidays, while Abu Dhabi-listed Dana Gas trimmed hefty initial gains made on a deal to obtain payments from Iraqi Kurdistan.
The Kuwaiti index climbed 0.5 percent. Many investors are hoping index compiler FTSE will decide at the end of this month to upgrade Kuwait to secondary emerging market status, which would bring fresh inflows of passive funds.
Blue chips that would be targets of such funds rose on Tuesday, with logistics giant Agility climbing 2.5 percent."
'via Blog this'
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