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Sunday , January 24 2021

Business

Kuwait treads water as investors cautious – Zain slips 5 fils; NBK flat

KUWAIT CITY, Jan 6: Kuwait stocks trod water on Wednesday after heading south in the last two sessions. The main gauge inched 0.18 pts lower …

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Saudi-Iran split dashes chance of OPEC deal – Iranian exports to jump after sanctions

LONDON, Jan 6, (RTRS): The collapse in relations between Saudi Arabia and Iran after the Saudi execution of a Shi’ite cleric puts an end to …

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Kuwait bourse eases 4.15 pts; volume dip – KFH falls 10 fils; Americana gains

KUWAIT CITY, Jan 5: Kuwait stocks edged lower on Tuesday after the sharp losses in the last session. The bourse slipped 4.15 points in lackluster …

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Oil, global volatility weigh in 2015 – Capitalization down $200 bln

It was a tough year for regional stocks (and world stocks) with most markets ending 2015 well into negative territory. GCC equities underperformed most international …

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Iran, Saudi Arabia tensions can’t halt slide in oil prices – Geopolitical risk loses some of its ability to influence market: analyst

DALLAS, Jan 5, (AP): Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can’t halt the slide in energy prices. Oil …

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Lack of liquidity among reasons for low coverage

Kuwait Financial Centre “Markaz” published a blog post titled “Reasons for poor Analyst Coverage in Kuwait”. In this post, Markaz examines and analyzes the stocks …

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Warba Bank acquires portfolio in US company – Investment worth $2 bln

KUWAIT CITY, Jan 4: Warba Bank, a leading bank in Kuwait, today announced the acquisition of equipment leasing portfolio managed by ATEL Capital Group, an …

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Singapore GDP growth drops to 2.1 percent in 2015 – Higher borrowing costs likely to further weaken housing market and dampen construction activity

SINGAPORE, Jan 4, (AFP): Singapore’s trade-dependent economy grew by an estimated 2.1 percent in 2015, its worst performance since the 2009 recession, as global demand …

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KSE ‘kicks-off’ year with 46.82 pts slump – NBK falls 10 fils; Americana gains

KUWAIT CITY, Jan 4: Kuwait stocks kicked off the year with a downswing tracking weak regional and global cues. The price index, after a tame …

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Gold prices low at end of 2015 — report

Gold prices ended the last session of 2015 at a low rate for the third year in a row, reaching $1,060 per ounce at the …

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