Complex Made Simple

Jazeera Airways shares fly high

Kuwait' local stock market KSE added a quarter percent on Sunday, finishing at 6,491.2 points. Real estate developer Pearl Of Kuwait was the top gainer (10.42% higher at KD0.0265). Despite strong gains in the past two weeks, budget carrier Jazeera Airways continued to rally and surged Sunday 5.5% to reach KD0.192. Islamic investment firm Ekttitab lost 1.58%, ending at KD0.031. Earlier in the day, Ekttitab reported a first quarter net loss of KD2.6m ($9.4m).