23.07.2010 - KFH soars as Kuwait rises; Gulf markets muted
From Arabnews.com: Kuwait Finance House hit a two-month high on Thursday after reporting above-forecast earnings, helping the country’s index rise for a third day in four. Gulf markets remained in a sideways trend, with little to draw in buyers amid uncertainty over the world economy and largely uninspiring results from regional corporates. KFH climbed 2 percent. The Islamic lender reported a 22 percent rise in second-quarter profit, beating a forecast from EFG-Hermes by 25 percent..............................................Full Article: Source
Print