Kuwait markets breaks through 7,000-level

10 October 2010

Bank shares continues to rise at the KSE (up 0.26% at 7,013.2). Kuwait International Bank gained 3.44% to finish at KD0.300, a new 2010 high. As oil prices advance to around $83 per barrel, Kuwait reaps the highest benefits in the GCC as 95% of its national budget is based on carbon energy exports.

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