Kuwait market plummets as country heads for another election
- Kuwait: Sunday, October 21 - 2012 at 16:03
The KSE market index fell 3.05% Sunday, closing at 5,729.38. Financials in particular posted losses, while the insurance sctor index was the sole gauge which added value. The Kuwaiti government said on Saturday parliamentary will be held on December 1. The northern Gulf state suffers from ongoing political instability amid tug-of-wars in the parliament as opposition members frequently blocked decisicion votes and accused members of the government of being "corruptive".
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