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Kuwait market consolidates near 5,900
- Kuwait: Thursday, September 20 - 2012 at 18:24
The KSE Market Index fell 0.10% to 5,879.82 points amid worries over China's weak survey on the manufacturing sector. The gauge consolidated in the green on a year-to-date basis (up 1.13%). National Bank of Kuwait or NBK advanced oner percent to reach KD0.970, almost the same level like on January 1 this year. Commercial Bank of Kuwait dived 2.90% to KD0.680. Earlier in the day, Kuwait's finance minister, Nayef al-Hajraf has said the Gulf country would not cut down on spending as a result of a plan to invest a greater percentage of its revenues in the Future Generations Fund, Kuna has reported.
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Gérard Al-Fil, Financial JournalistThursday, September 20 - 2012 at 18:24 UAE local time (GMT+4)
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