Complex Made Simple

Financials fail to lift Kuwait Stock Exchange

Kuwait's bellwether index KSE Market declined 0.13%, finishing at 6,966.4 on Sunday. Gulf Investment House was the main gainer, as it ended 9.62% up to reach KD0.057. The Public Warehouse Company, better known as Agility dived four percent, ending at KD0.480. Earlier in the day, Agility clarified in a statement that a lawsuit mentioned in an article in "Qabas" was not new but an amendment to a civil lawsuit originally disclosed in November 2009. Mobile Telecommunications Company or Zain declined on profit booking, finishing off 1.35% at KD1.460.