MIDEAST STOCKS-Kuwait up 0.8 pct on expectations of foreign inflows | Reuters:
Kuwaiti stocks rose nearly 0.8 percent in early trade on Tuesday, helped by expectations that its inclusion in the FTSE Russell emerging market index will trigger more foreign fund flows.
The first phase of its entry to the index began on Monday and the second stage will be on Dec. 24.
“There’s more activity due to Kuwait’s inclusion in the emerging market index,” said Marie Salem, director of capital markets at FFA Dubai.
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