Article: Kuwait: Kuwaiti bourse climbs 78.2 points helped by Wataniya, NIC stocks.

Byline: sander03

Kuwait Stock Exchange saw moderate rise on Sunday, as investors chased select shares on bargain buying after the steep decline over the past sessions. The market climbed 78.2 points in volatile trading led by Wataniya Telecom and National Investment Co ( NIC) even as frontline stocks closed mixed. NIC spiked 7.6 percent and the mobile service provider rose 5.8 percent extending its gain from previous session. The bourse had rebounded on Thursday, snapping the four-day unabated losses. Banking stocks mostly sagged, roiled by the profit booking and problems at Gulf Bank. National Bank of Kuwait s and Commercial Bank slid 40 fils each and Kuwait ...

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