Category Archives: Kuwait stocks

National Industries, Kuwait

On 14th October, I had warned that National Industries (a leading Kuwaiti stock) would come off by more than 30% from its current level. It was trading at 0.850. The reason for that call was the stock had finished an extended fifth wave, (an Elliott wave setup that has been extensively discussed in this blog recently). Continue reading

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Hesitant Moves By Kuwaiti Stock Market

While the stock markets in the rest of the GCC have surged in tandem with the rest of the world, one might wonder why the moves in Kuwait are so hesitant. Continue reading

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