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Islamic bank Kuwait Finance House hits six-month high
- Kuwait: Thursday, September 27 - 2012 at 17:58
The ongoing run on banking shares in Kuwait brought the KSE exchange back on gaining track in the last week of September. The KSE Market Index added the second day straight to reach 5,990, up 0.76%. The country's largest Islamic financial institution Kuwait Finance House reached KD0.770, representing the highest price level since April 5. Other financials also posted advances, but National Bank of Kuwait remained stuck at KD1.00. The KSE Market Index was the only gauge in the GCC which added value during the overall sticky last week of September. Year-to-date, the measure gained three percent.
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Gérard Al-Fil, Financial JournalistThursday, September 27 - 2012 at 17:58 UAE local time (GMT+4)
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