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Article: Global Investment House Kuwait - Kuwait Stock Exchange Market
- Article from:
- Al Bawaba
- Article date:
- March 2, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Global Investment House Kuwait - Kuwait Stock Exchange Market
Performance For the Month of February 2009- Though we witnessed
positive movements in Kuwait market during the first few days of
Februray-2009 with the government confirming the move to set up a
fund aimed at providing liquidity for local companies, sentiments
subsequently turned negative and the market continued to decline for
the rest of month. The market registered a decline of 8.8% as
"Global" General Index ended the month at 164.22 points. This
followed a decline of 12.8% in January-2009. The market
capitalization reached KD26.43bn at the end of the month,
registering a decline of 8.7% as compared to the previous month.
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