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Kuwait Stock Exchange bounces back after government’s resignation

Almost all sector indexes ended in the green in Kuwait City on Tuesday, pushing the KSE Market Index up by 0.60% to reach 5,824.34 points. On Monday, the Kuwaiti government resigned in a move which analysts regard as a chance to break up the political deadlock in the oil-rich Gulf state. Last week, a court nullified parliamentary elections from February, when religious opposition groups won the majority in the Madjlis.