Global surges on Q4; Kuwait at 20-week high

Global Investment House surges after its fourth-quarter loss narrows, helping Kuwait's index claim a 20-week closing high. Global rises 6 percent. Zain is the main support, climbing 1.5 per cent to a 20-week closing high ahead of its proposed $9bn African asset sale. Gulf Bank rises 1.4 per cent. Commercial Bank of Kuwait is flat after swinging back into profit in the fourth-quarter. The index rises 0.4 per cent to 7,487 points, its highest finish since October 25 and third gain in four sessions.