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Kuwaiti oil falls to $103.13

Kuwaiti oil falls to $103.13

According to the article, the Kuwaiti stock market experienced a significant rise during today's session, with the main index increasing by 36% to reach a new all-time high of 106,230 points, up 36.12% compared to the previous close. This surge led to a substantial increase in market capitalization, driven by strong cash inflows and higher trading volumes, with traded shares valued at over 415 million Kuwaiti dinars. This robust performance is attributed to intensive buying by both local and foreign investors, along with positive updates regarding the country's economic and political developments. Experts indicate that strong technical support and expectations of a continuous rise in market value are contributing to the ongoing upward trend, with forecasts suggesting the index will reach even higher levels in the coming period.

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