Kuwait-Mubasher: The Kuwaiti bourse is expected to rebound and see an upward trend on Tuesday, the first session in December, said Badr Al-Otaibi.
The benchmark index of Kuwait Stock Exchange is forecasted to face a resistance level at 5,811 points that will be followed by 5,820 points as short-term targets, added the analyst.
Meanwhile, Al-Otaibi noted that the price index has support levels at 5792, 5782, and 5773 points, respectively.
The analyst noted that good chances are ahead of the Kuwaiti stocks, mainly Munshaat, Sukuk, and Securities for short-term investment. It is noteworthy that the three stocks reached prices of 90 fils, 47.5 fils, and 48 fils respectively by the end of Monday’s trading session.
