An economic report said Saturday that the price index continued to be on an upward trend for the ninth week in a row due to trading speculation on small and midsize shares at Kuwait Stock Exchange (KSE).
A statement by Bayan Investment Company said that the weight and KSX 15 indices were not as lucky, with both failing to rise due to profit-taking operations on leading and operating shares.
The price index was bolstered through purchasing operations focusing on small shares within the finance and real-estate sectors which led the index to hit its highest level in three months, said Bayan, adding that process also led to the flow liquidity in KSE last week.
Source : KUNA Kuwait News agency
