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Article: Kuwait: Kuwaiti benchmark edges 6 pts lower as NBK, KGL lead losses.
- Article from:
- TendersInfo
- Article date:
- June 5, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sander03
Kuwait Stock Exchange pulled lower on profit taking in select frontline and middle levels on Tuesday, retreating from the all time high reached in the earlier session. The market fell 5.9 points in choppy trading led by losses in National Bank of Kuwait and Kuwait Gulf Links even as market sentiments remained lukewarm. KGL dropped 3.8 percent while the lender shed 2.8 percent reversing the strong gains posted on Monday.
Zain rallied 40 fils whereas Agility continued to stagnate for the second consecutive day. Wataniya Telecom soared 80 fils and Sultan Centre closed flat. Kuwait Finance House surged 100 fils the maximum permissible ...