Kuwait's market made its largest one-day gain in eight months, rebounding from an eight-year low as investor confidence improved after a political protest was less violent than investors had feared, while other Gulf bourses ended mixed. The index
Gulf bourses were mostly lower yesterday with political tension weighing on Kuwait, while Saudi Arabia’s measure gained in thin trade. Kuwait’s index slumped to a new eight-year closing low ahead of a major demonstration planned by the opposition la
Kuwait Stock Exchange (KSE) ended October in the red zone. The price index ended last month with a decrease amounted to 3.61%, and the weighted index retreated by 2.66% compared to the closings of the month before, whereas KSX-15 declined by 2.05%.
Kuwait's stock market fell yesterday, after a fresh spate of protests the previous day cut investor appetite for riskier assets. Thousands of demonstrators approached a prison to protest against the detention of Musallam Al Barrak on charges that he h
Kuwait stocks covered more ground Wednesday to end the week on positive note. The index climbed 25.8 pts in volatile trade to wind up at 5,770.34 pts even as speculative trading dominated the session with focus on the small and mid priced stocks. The
Gulf stock markets were mixed yesterday but trading volumes shrank as investors cut risk with the approach of holidays, while Kuwait’s bourse steadied after a plunge on Sunday because of political tensions. Saudi Arabia’s bourse fell 0.6%, finishing at
Kuwait’s bourse tumbled 3.1 per cent on Sunday, its biggest daily drop since July 2009. The benchmark stock index slumped to 5,729 points, near an eight-year low of 5,661 points hit in August. Its last daily fall of this magnitude occurred when the
Kuwait’s bourse dropped to a four-week low yesterday because of rising political tensions, while other Gulf bourses were mixed in quiet trade ahead of the weekend. Jittery investors have sold shares in Kuwait since protests on Monday which called for
Kuwait’s bourse dropped to a three-week low yesterday after a protest rally against possible changes to the country’s election law that prompted an investor sell-off, while most other Gulf markets closed higher. Kuwait’s index fell 0.9 percent to its
Kuwait stocks pulled lower Thursday to end week on dull note. The index dropped 24.59 points in choppy trade after treading water in last two sessions. The trading floor mood was lackluster even as selling pressure weighed on select counters. The KSX 1