Kuwait’s main equities index rebounded in the first day of trade since the end of a mourning period following the death of the country’s ruler. Most other markets in the Middle East declined.
The Boursa Kuwait Premier Market Index advanced as much as 3.2%, with National Bank of Kuwait, Kuwait Finance House and Ahli United Bank rising more than 2.9% each.
The index recovered from a slump in the four sessions through Sept. 29, when Sheikh Sabah Al-Ahmed passed away. The emir was succeeded by Crown Prince Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah, 83, a half brother who has served as interior minister and deputy chief of the national