Kuwait – Mubasher: Kuwait's Mubarrad Transport shares surged 6.7% to 80 Kuwaiti fils, reaching a two-month high on Wednesday.

The stock gains followed the strong performance delivered by the company as shown in its half-year results.

"Mubarrad stock currently enjoys strong position on technical side as it targets the level of 90 Kuwaiti fils per share," said Mohammed Ali Al-Anzi, analyst at Al Mashora & Al Raya for Islamic Financial Consulting Co.