Kuwait market gains 0.08%

02 June 2010

The Kuwait Stock Exchange (KSE) Market Index started strongly on Wednesday but eventually closed with a small gain (up 0.08% at 6,709.20 points). Shares of Global Investment House ('Global') ended 1.42% lower, closing at KD0.07. Global and Gulf Bank announced today that they have signed an agreement whereby Gulf Bank acts as a sales agent for selected investment funds managed by Global and investing in the Kuwait and GCC Equity markets. Commercial Bank of Kuwait jumped 6.32% and finished at KD0.84. Budget carrier Jazeera Airways plummeted 2.94% and ended at KD0.132.

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