The KSE Market Index rose against the weak global and regional trend on Tuesday, finishing 0.44% higher at 6,672.7 points. Islamic bank Ithmaar extended its rally and closed 7.69% higher at KD0.035. News that The Kuwait Investment Authority (KIA) has made an $800m investment in the Agricultural Bank of China, as Thomson Reuters reported, was received positively. According to Josef Schuster, CEO of IPOX Schuster, a Chicago-based specialist on analyzing global IPOs, "the IPO of the Agricultural Bank of China represents another key milestone for the further development of Chinese Equity Capital Markets and equity culture." Schuster told AME Info further that "amid continued year-to-date underperformance of emerging markets, the participation of sovereign wealth funds will facilitate the pricing of the IPO and should be positive with respect to gathering further broad-based domestic and foreign interest for this year's largest global IPO."