By: Mahmoud Gamal
Mubasher: The Kuwaiti stock market is expected to see a volatile upward performance during this week, as stocks reaching attractive levels and dividends are still being distributed, analysts told Mubasher.
Liquidity at the Boursa Kuwait is forecast to increase in the coming two weeks in line with the medium-term technical outlook of the market, technical analyst Hassan Al-Kandry said.
With speculative trading seen in the coming session, the price index needs to break the 6,790-point level to confirm the expected positive performance, the analyst noted.
He noted that the market will be at good levels once the index breaks 6,825 points and 6,940 points, in line with the growing liquidity.
