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Kuwait shares down 12% in 2006
- Kuwait: Thursday, December 28 - 2006 at 10:24
Kuwait shares have finished the year 12% lower, but fared better than other Gulf bourses, with stock markets in Saudi Arabia, the UAE and Qatar have all losing at least 40% of their value, AFP repported. The Kuwait market was affected by local political power struggles, as well as the crash of stocks in neighbouring states, according to a report by Al-Juman Economic Consulting Centre.
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James McInerney, News EditorThursday, December 28 - 2006 at 10:24 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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