By: Mahmoud Gamal
Mubasher: The portfolio investments are expected to focus on the real estate and services sectors in line with good forecasts for the fourth quarter’s financial statements, after Boursa Kuwait-listed banks disclosed their financial statements, analysts told Mubasher.
As cash dividends and bonus shares came lower in the banks segment, investors are likely to redirect their purchases during the week to high-return sectors, including real estate, services, and consumer goods, capital market analyst Abdullah Al-Zamel said.
The benchmark index is expected to exceed the 7,000-point level during the financials disclosure period, capital market analyst Ayed Al-Dhufairy said.
