Real estate related economic and financial news covering the MENA region.
Kuwait exchange gains 0.62%
Jun 17, 2010
Strong real estate share boosted the Kuwait Stock Exchange (KSE). The KSE Market Index finished 0.82% higher at 6,583.10 points, also due to rising oil prices. Kuwait's state budget relies 90% on oil. Dar Al Thuraya Real Estate Company posted the largest advance, ending 8.2% higher at KD0.066. The banking sector turned weaker, with Commercial Bank of Kuwait (CBK) closing 5.43% lower at KD0870.