Kuwait Stock Market

Once overshadowed by its bigger neighbors in the Gulf, Kuwait's market has emerged as the new darling of global investors

European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk.

Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped pull crude oil prices above their prior-session lows.

Kohinoor Foods was up 11.4 per cent to Rs 31.30, while REI Agro jumped 9.5 per cent to Rs 10.95 on the BSE.

MUMBAI, SEPTEMBER 27: Shares of Indian Oil Corporation were up over 2% on reports that Kuwait Petroleum is eyeing strategic stake in the company, TickerNews reported Monday. Further, Kuwait oil minister has also discussed long-term crude oil supply. "In case IOC finalises a long-term supply pact it will be good for the company as crude oil sup...

Once overshadowed by its bigger neighbors in the Gulf, Kuwait's market has emerged as the new darling of global investors

European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk.

Asian share markets rose to five-month highs on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped pull crude oil prices above their prior-session lows.

Kohinoor Foods was up 11.4 per cent to Rs 31.30, while REI Agro jumped 9.5 per cent to Rs 10.95 on the BSE.

MUMBAI, SEPTEMBER 27: Shares of Indian Oil Corporation were up over 2% on reports that Kuwait Petroleum is eyeing strategic stake in the company, TickerNews reported Monday. Further, Kuwait oil minister has also discussed long-term crude oil supply. "In case IOC finalises a long-term supply pact it will be good for the company as crude oil sup...