Kuwait stocks extend world-topping rally to an 18th day

Dubai

KUWAIT stocks, the world's best performers this year, extended a rally to an 18th day, the longest winning streak in over a decade, as the country moved a step closer to a debut sale of dollar bonds. Gulf markets didn't react to a US travel ban on seven mainly Muslim countries.

The Kuwait Stock Exchange Index advanced 1.3 per cent to 6,943.24 on Sunday, the highest level since November 2014.

The Bahrain Bourse All Share Index finished at the highest level since 2015 and Oman's MSM30 Index added 0.2 per cent. Kuwait picked six banks to advise on its fir…