Kuwait stock market continues upward journey

The Kuwait Stock Exchange (KSE) ended last week trading in the green zone, with two main indices making more gains, a specialized economic report showed Tuesday. The report, by Oula Financial Brokerage Company, said that the price index and weighted index climbed by 4.22 percent and 1.97 percent respectively compared with last week. It added that the purchase focused on the small and medium-cap chips amid selective speculations on certain large-cap chips. The report also noted that all banks listed on the stock market have released their statements of the financial results for the last quarter of 2012. It revealed that the gains achieved by many of the listed companies have discouraged many traders to offload their shares.