Global Investment House gains 7.27%

Posted on August 25 2009 by admin

The Kuwait Stock Exchange (KSE) advanced quickly at the opening but could not sustain early gains and added 10.3 points, closing at 7,907.2 points (Price Index). Shares of Global Investment House posted the fourth largest profit today, closing at KD118 (up 7.27%). Islamic bank Kuwait Finance House outperformed the market as well by climbing 4.84% higher to KD1.300. From a chart technical point of view the KSE is fulfilling a bullish flag which might indicate further gains in the coming weeks.



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