Complex Made Simple

Where is the bottom at the Kuwait Stock Exchange?

The KSE Market Index declined 0.76% to 6,290.4 points. Year-to-date the KSE lost 9.56%, the second largest slump in the GCC after the Muscat Securities Market (year-to-date off 10.56% at 1,337.42). Today Al-Dar National Real Estate Co. surged 12.82% to reach KD0.022. The real estate sector index was the only segment which landed in the green. The financials were the major losers. National Bank of Kuwait fell to a seven-month low at KD1.160 (off 1.69%).