Kuwait Stock Exchange (KSE) has continued making profits amidst a state of optimism and confidence, an economic report said Saturday.
Bayan Investment Company said in its report that the next period will also see a hike due to the high morale of the investors.
It added that the quick and active purchasing of small shares has dominated the market which can be clearly seen in the performance of the price index that breached the 7,600 points level, making gains for the 13th consecutive week.
This quick purchasing of small shares positively affected the performance of the weighted and the KSX 15 indices. The report pointed out that the stock market is witnessing a relative state of anticipation as the third quarter of this year is approaching an end and as investors await listed companies to announce their financial statements for the first nine months of 2014.
Source : KUNA Kuwait News agency
