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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market, Performance

Kuwait fund buoys stocks, investors optimistic

Posted on 02 February 2009

From Zawya.com: The Kuwait Stock Exchange ended its six-week-long bearish trend and managed to conclude this week on positive note. This was largely due to the high hopes that the government will reach an agreement to save the stock market and the national economy.

The government confirmed at the end of this week that it has approved a KD5 billion fund aimed at providing liquidity for local companies….. Full Article: Source


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