Kuwait-Mubasher: The Kuwaiti stock market is expected to erase its losses on Wednesday’s trading session and head north, said technical analyst Badr Al-Otaibi.
The price index is projected to face resistance levels at 5783, 5814, and 5843 points, respectively, as short-term goals, while the support levels would be at 5723, 5693, and 5663 points, respectively.
Investors have a good chance to trade on Kuwaiti stocks currently, especially on Gulf Petroleum Investment and Kuwait Finance House, as a short-term investment, added the analyst.
Al-Otaibi advised traders to hold on to their shares temporarily instead of selling at losses.
