Kuwaiti shares rise

Published October 23, 2005

KUWAIT, Oct 22: Kuwait’s share index briefly topped 11,000 points intraday Saturday for the first time, and analysts expect the winning streak to continue due to firm third quarter profits and excess liquidity in the market. The benchmark index of 150 mostly Kuwaiti stocks peaked at 11,006.80 points on the first day of the trading week.—Reuters

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