Article: Global Investment House - Kuwait Stock Exchange Performance-.

Improved corporate earnings results and prevailing high oil prices could not elevate the investor sentiments during the month of February, as the Kuwait market measured by the "Global" General Index dropped by 3.19% and ended the month at 320.62 points. The bearish sentiments in the market can be attributed to the fact that investors are liquidating their holdings to prepare for the upcoming IPOs such as Ithmaar Bank and AlBaraka Banking Group, which are likely to hit the market in the next couple of months. The market capitalization of the stock exchange reached KD42.27bn, down 2.56% as compared to the previous month. Kuwait Stock Exchange (KSE) price index breached the ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!