Kuwaiti economists predict ‘balanced’ trading in 1st qtr

Kuwaiti economists predict ‘balanced’ trading in 1st qtr

KUWAIT CITY, Jan 13: Several Kuwaiti economists predicted that the first quarter of 2024 would witness balanced trading backed up by leading shares of the banking, financial, and logistic sectors. Speaking to KUNA in various interviews, the economists also indicated that technical factors as well as the price levels for numerous shares within Boursa Kuwait, …

<p>The post Kuwaiti economists predict ‘balanced’ trading in 1st qtr first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Jan 13: Several Kuwaiti economists predicted that the first quarter of 2024 would witness balanced trading backed up by leading shares of the banking, financial, and logistic sectors. Speaking to KUNA in various interviews, the economists also indicated that technical factors as well as the price levels for numerous shares within Boursa Kuwait, the stock market, would contribute to the forecast unless other geopolitical factors interfered. Naif Al-Enezi, an economic expert, told KUNA that Boursa Kuwait usually saw a positive leap in the early portion of the year due to the involvement of heavy-hitting shares such as those belonging to the banking sector, which in turn heat operations at the stock market. Shares for financial services and real estate also played a part in the hubbub