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Kuwait Bourse Closes Higher

– Kuwait Bourse closed Tuesday trading as the All Share Index gained 19.84 points to reach 7,188.98 points, an increase of 0.28 percent.

As many as 322.3 million shares valued at KWD 70.8 million (roughly USD 231.7 million) were traded

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Price of Barrel of Kuwaiti Oil Falls by $1.78

The price of a barrel of Kuwaiti oil fell by USD 1.78 to USD 77.70 a barrel in Monday’s trading, compared to USD 79.48 in Friday’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets,

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Oil prices fall on fears of lower Chinese demand

Brent crude prices fell during Asian trading on Tuesday, as concerns about lower demand due to the slowdown in the Chinese economy affected the impact of lower oil production in Libya.

Brent crude futures fell 37 cents, or 0.48 %%,

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