Kuwait's KSE Market Index closed at a four-week high at 6,567 points (up 1.12%). Shares of investment bank Global Investment House (Global) surged further, ending 8.92% higher at KD0.061. Global benefited this week after a Dubai Court ruled in favour of the bank in a dispute with National Bank of Umm Al-Qaiwain and on news that Global, founded in 1998 by chairperson Maha al-Ghunaim, is on track with repaying its debt to creditor banks. Global was only topped by Kuwait Pipes Industries and Oil Services, which jumped 9.25% to KD0.295. All KSE sector indices landed in the green on Wednesday. Fujeirah Cement Industries Company extended its year-long decline and posted the largest loss, finishing 4.65% lower at KD0.082.
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