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Kuwait market continues to gain ground

The KSE Market Index ended 0.14% higher at 5,860.9 points. In a lacklustre session, banks mostly gained, while other sector indexes did not post big movements. According to Global Investment House, whose shares surged 7.5% to KD0.0355, "in the GCC, all bourses ended the month of August 2011 on a lower note, led by the Saudi market, which shed 6.46 percent of its value by the end of the month. Kuwait Stock Exchange followed, down by 3.97 percent as measured by KSE Price index, while market cap weighted, Global General index (GGI), retreated by 3.12 percent by the end of the month."