iShares MSCI Kuwait ETF (KWT)
Market Open
12 Jun, 13:30
BATS BATS Primary $
38. 09
-0.02
-0.0394%
$
72.32M Market Cap
0.04% Div Yield
1,651 Volume
$ 38.11
Previous Close Investors:
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KWT- Potentially Brighter Days Ahead
The iShares MSCI Kuwait ETF which has a relatively high expense ratio and limited stability, seeks to mitigate those flaws with a near 6% yield. Kuwait's oil-based activities are expected to see a meaningful pickup from H2-25 while lower inflation readings are expected to result in a more favorable interest rate environment. Kuwaiti banks, accounting for 66% of this portfolio, will benefit from superior GDP growth and credit expansion, supported by lower policy rates and a potential government-induced infrastructure thrust.
Seekingalpha | 1 year ago
