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Article: Global: Kuwait market lost 7.19% in October-2009.
- Article from:
- Mena Report
- Article date:
- November 3, 2009
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Summary: The Kuwait Stock Exchange (KSE) lost 7.19% during the month of October 2009 as "Global" General Index ended the month at 203.70 points.
The Kuwait Stock Exchange (KSE) lost 7.19% during the month of October 2009 as "Global" General Index ended the month at 203.70 points. This followed a loss of 2.36% in September-2009 while on a YTD basis the index return turned negative for the first time this year with a loss of 1.32%. The market capitalization reached KD32.9bn at the end of the month, registering a decline of 7.52% as compared to the previous month. Despite the surge in oil prices which close above US$81.00 on October 21, the KSE witnessed a declining ...