Kuwait stock exchange status largely remains stagnant

Liquidity in the latest session of Kuwait Stock Exchange slightly increased in shadow of trading that targeted blue-chips. Al-Oula brokerage company said in a report released on Saturday that daily turnout amounted to KD 24.3 million, as compared to KD 20 million the week before. The report re-affirmed that the recent rule by the Constitutional Court, reinstating the Parliament, resulted in limited ripples at the local stock market, amid a prevailing lackluster atmosphere, except for some blue-chips' activities. Analysts pin high hopes on forecast steps to press ahead with development schemes, a matter that would break the stagnation at the KSE.