08 - Jan - 2008
Kuwait Financial Centre "Markaz" in its latest research report expects Saudi Arabian stock market to move up by 6% in 2008. The target index level for 2008 is 11842, from the year end value of 11176. “The aggregate earnings of Saudi Arabian companies are expected to witness a growth of 15% in...
02 - Jan - 2008
Kuwait Financial Centre "Markaz" in its latest research report expects 2008 to be a positive year for Kuwait stocks. The target index level for 2008 is 16310, nearly 30% above the current level. “At the heart of our call is the forecast for earnings. We expect earnings to grow by 42% during 2008...
31 - Dec - 2007
Markaz announced that it was the official conference sponsor for the 1st Kuwait Global Forum that was held in Brussels on December 18th. His Highness Sheikh Nasser Al-Mohammed Al-Ahmad Al Sabah, the Prime Minister of the State of Kuwait, supported the event which aimed to raise the international...
27 - Dec - 2007
A key obstacle to foreign investment has been removed on December 26th, 2007 when Kuwait parliament approved slashing of income-tax from 55% to 15%. What may be of more interest is the proviso that profits from stock trading, whether directly or through mutual funds, is totally tax-free providing...
17 - Dec - 2007
The GCC volatility levels which had edged up during last month witnessed a minor retraction during November 2007. However, the emerging markets continue to witness an increase in volatility. The volatility levels on S&P 500 spiked up during the current month and is at its historic high. The Markaz...
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