Kuwait's stock exchange announced on Sunday that it earned a net profit of 3.75 million dinars (12.16 million dollars) in the last quarter.
It is noted that this improvement in results is a consequence of increased revenues of the exchange, which reached 5.75 million dinars for the indicated period.
"This result underlines the successful financial position of the exchange and the confidence of investors in its activities," noted the Kuwait stock exchange.
It is also reported that the total revenue from commissions for buy-sell transactions of stocks and other securities on the exchange in the fourth quarter amounted to 4.7 million dinars, which exceeds the same period of the previous year by 19%.
