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12/08/2009 00:00 AST
Coast Investment and Development Co., a Kuwaiti securities and property investment company, climbed to a 10-month high after profit almost quadrupled.
The shares jumped 4.4 percent to 144 fils at 9:09 a.m. in Kuwait City, the highest price since Oct. 21.
The company said second-quarter profit surged to 12 million Kuwaiti dinars ($41.74 million) from 3.1 million dinars in the year-earlier period.
Bloomberg
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This i
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