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ALAFCO shares jump 4.6%

ALAFCO shares have bounced back 4.6% as the Kuwaiti Stock Exchange continues to recover. The KSE weighted index was up 2.3% in trading yesterday, with ALAFCO among the strongest performers.

Other leasing stocks were stronger, with AerCap gaining 2.5% and Aircastle up 2.4%.

Selected Lessors daily share price movements (% change): 10-Mar-2011