iShares MSCI Kuwait ETF (KWT)
Market Closed
27 Jul, 20:00
BATS BATS Primary $
36. 34
+0.43
+1.1976%
$
70.03M Market Cap
0.04% Div Yield
2,838 Volume
$ 35.91
Previous Close Investors:
Want to track KWT and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
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
