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Kuwait market performs steadily
- Kuwait: Tuesday, April 30 - 2013 at 14:53
The Kuwait Stock Exchange's market index ended little changed at 7,430.54 points Tuesday. Commercial Bank of Kuwait or CBK (not traded) said earlier in the day it earned in the first quarter 2013 a net profit attributable to shareholders of KD0.8m (1Q2012: KD0.3m). Commercial Bank's total assets at the end of March 2013 reached KD3.8bn (December 2012: KD3.7bn) with shareholders equity of KD555.2m (December 2012: KD552.1m). The capital adequacy ratio at March 2013 is 19.34% which exceeds the minimum 12% required by the Central Bank of Kuwait.
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Gérard Al-Fil, Financial JournalistTuesday, April 30 - 2013 at 14:53 UAE local time (GMT+4)
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