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Turnover amounted to KWD 24.13 million on Monday
4 hours ago Two sectors push Boursa Kuwait higher on Monday
Mubasher: Boursa Kuwait closed Monday’s trading in the green zone, with the All-Share and Premier markets levelling up by 0.22% and 0.26%, respectively, and the BK 50 and Main indices inching up 0.02% and 0.11%, respectively. Meanwhile, traded …
Boursa Kuwait’s liquidity totalled KWD 440.35 million in May
31 May 04:15 PM Boursa Kuwait’s Premier index adds 68 pts in month
By: Mohamed Farouk  Mubasher: The Kuwaiti indices closed May 2020 on a mixed note amid thin traded when compared to April as the official business days were reduced to 18 due to Eid Al Fitr holiday. Month-on-month (MoM), the Premier Market …
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31 May 04:01 PM Tadawul lists AlBilad Gold ETF
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the listing and trading units of “AlBilad Gold ETF” as an exchange-traded fund (ETF). on Tuesday 2 June 2020. The units if the fund will be traded under the symbol 9405. The Saudi …
The liquidity slipped to KWD 19.8 million on Sunday
31 May 02:10 PM Boursa Kuwait closes Sunday down
Mubasher: Boursa Kuwait showed a negative performance at the end of Sunday’s trading session as the All-Share and the Premier markets sank by 0.46% and 0.57%, respectively, and the Main and the BK 50 indices fell by 0.17% and 0.26%, respectively. …
The UAE's oil production in May came in line with the OPEC+ agreement
31 May 10:19 AM UAE delivers 2.4m bpd in May
UAE - Mubasher: The UAE has produced 2.40 million crude oil barrels per day (bpd) in May, a source told Reuters. The UAE's oil production in May came in line with OPEC+ agreement to cut oil supply by 9.7 million bpd as of 1 May, due to a decrease …
The turnover dropped to KWD 38.39 million
28 May 04:19 PM Boursa Kuwait ends Thursday mixed amid thin liquidity
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading on a varied note amid low liquidity. The Main Market, All-Share Market, and BK 50 indices fell by 0.22%, 0.03%, and 0.25%, respectively, while the Premier Market index grew by …
The turnover amounted to KWD 46.59 million
27 May 03:24 PM Boursa Kuwait ends Wednesday up after Eid holiday
Mubasher: The indices of Boursa Kuwait closed Wednesday’s trading on a positive note following the three-day Eid Al Fitr holiday. The Premier Market and All-Share Market indices jumped by 2.97% and 2.17%, respectively, while the Main and the BK 50 …
Saudi Aramco is currently the most profitable company worldwide
26 May 11:02 AM World's top 2,000 list includes 40 Arab companies; Aramco ranked 5th
By: Amal A. Wahaab Mubasher: This year's Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine's ranking of the world's top 2,000 companies, based on assets, profits, revenues, and market value.  Oil giant …
Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla
25 May 01:41 PM Egypt plans EGP 19bn investments in petrochemical projects
Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …
Hotels in five governorates could reopen after receiving the safety certificate
24 May 11:13 AM Egypt grants health safety certificates to over 70 hotels
Cairo - Mubasher: More than 70 hotels in Egypt last week have received the health safety certificate, which is necessary for resuming their operations, according to Egypt’s tourism and antiquities minister. Receiving the certificate came after …
Egypt's production of natural gas increased to 7 bcf in September
24 May 10:41 AM Egypt's natural gas production reaches 7.2 bcf per day
Cairo - Mubasher: Egypt's daily production capacity of natural gas reached an average of 7.2 billion cubic feet (bcf), Reuters reported citing a recent statement by the Egyptian cabinet. In September, Egypt's production of natural gas increased to …
The trading volume grew by 36.1% weekly
21 May 02:37 PM Boursa Kuwait rises in week; market cap gains KWD 1.2bn
By: Mohamed Farouk Mubasher: Boursa Kuwait’s indices posted a positive performance in the week ended on Thursday, 21 May, amid high trade when compared to the last week. The Premier Market Index rose by 5.4% or 271.48 points to reach 5,295.99 …
The trading volume slipped by 1.5% on Thursday
21 May 01:52 PM Boursa Kuwait up at Thursday’s close; turnover down 17%
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading in the green territory after the All-Share and the Premier markets had risen by 0.38% and 0.36%, respectively, and the Main and the BK 50 indices had grown by 0.43% and 0.3%, …
Work will be resumed on Wednesday, 27 May
21 May 11:40 AM Kuwait's CMA to shut down during Eid Al-Fitr holiday
Mubasher: Kuwait’s Capital Markets Authority (CMA) will close on Sunday, 24 May, until Tuesday, 26 May, in celebration of Eid Al-Fitr holiday. Necessary working duties related to trading activity in Boursa Kuwait during the full curfew period will …
(Photo Credit: cafecredit)
21 May 11:39 AM GCC sees growing trend for fintech platforms amid COVID-19 crisis
Mubasher: The GCC region is set for a big leap in the use of financial technology applications amid the coronavirus (COVID-19) outbreak with the Middle East and Africa (MEA) region witnessing a 70% growth in the use of contactless payments, …
The trading volume slipped by 52.9% on Wednesday
20 May 02:39 PM Boursa Kuwait shows mixed performance on Wednesday
Mubasher: Three main indices of Boursa Kuwait have continued their positive trajectory at Wednesday’s close for the fourth consecutive session except for the Premier Market Index which solely slid by 0.2%. The All-Share, Main, and BK 50 indices …
The trading volume totalled 177.19 million shares on Tuesday
19 May 02:35 PM Boursa Kuwait posts third rise in week on Tuesday
By: Mohamed Farouk Mubasher: The Kuwaiti indices posted a collective rise at Tuesday’s close for the third time in a row. The All-Share and Premier markets closed up by 1.43% and 1.75%, respectively, whilst the Main and BK 50 indices grew by 0.61% …
Trading will resume on 27 May
19 May 10:56 AM Boursa Kuwait announces 3-day Eid Al-Fitr holiday
Mubasher: Boursa Kuwait will close on Sunday, 24 May, until Tuesday, 26 May, on the occasion of Eid Al-Fitr holiday. Trading will be resumed on Wednesday, 27 May, according to an official announcement on the Boursa Kuwait website on Tuesday. The …
Cooperative stores accounted for 57% of overall bookings
19 May 09:51 AM Online shopping appointments in Kuwait surpass 1m since launch
Mubasher: Kuwait’s Ministry of Commerce and Industry announced that the total number of shopping appointment bookings in cooperative stores, parallel markets, and family supplies branches registered 74,408 last Monday where 42,210 shoppers …
The liquidity amounted to KWD 23.95 million on Monday
18 May 02:09 PM Boursa Kuwait extends gains on Monday
Mubasher: Boursa Kuwait’s indices rose at Monday’s close for the second consecutive session, with the All-Share and the Premier markets increasing by 0.8% and 0.96%, respectively, and the Main and BK 50 indices levelling up by 0.41% and 0.62%, …
The market’s turnover went up by 16.8% on Sudnay
17 May 02:02 PM Boursa Kuwait closes Sunday in green
Mubasher: Boursa Kuwait closed Sunday’s trading on a collective rise after the All-Share and the Premier markets settled higher by 1.87% and 2.44%, respectively, and the Main and the BK 50 indices edged up by 0.45% and 0.68%, respectively. The …
Boursa Kuwait's trading volume declined by 36% weekly
14 May 02:35 PM Boursa Kuwait down in week; turnover shrinks 34%
By: Mohamed Farouk Mubasher: Boursa Kuwait closed the week ended on 14 May in the red territory amid low trade when compared to the previous week as the country entered into a full curfew due to the coronavirus (COVID-19) outbreak. On a weekly …
The turnover narrowed by 39.3% on Thursday
14 May 01:46 PM Boursa Kuwait mixed at Thursday's close
Mubasher: The indices of Boursa Kuwait closed Thursday’s trading session on a mixed note as the All-Share and Premier market indices went down by 0.13% and 0.2%, respectively, and the Main and BK 50 indices grew by 0.05% and 0.17%, respectively. …
The decision follows the easing of the full curfew
14 May 12:54 PM Kuwait's CMA decides to delay assembly meetings
Mubasher: Kuwait’s Capital Markets Authority (CMA) has advised all companies to postpone the previously announced final date of their respective ordinary general meetings (OGMs) until further notice following the lifting of the full curfew. The …
Local tourism generated KWD 376.1 million last year
13 May 03:24 PM Kuwaiti tourism generates $1.2bn in 2019
Mubasher: Kuwait’s tourism revenue decreased by 0.50% in 2019, with local tourism generating KWD 376.1 million ($1.22 billion), compared with KWD 378 million ($1.23 billion) for 2018, according to data by the Central Bank of Kuwait (CBK). The …