Thursday 22 March 2012

STOCKS NEWS MIDEAST-Kuwait dips as bluechips struggle; Dubai up - Yahoo! News UK

Kuwait bluechips are muted as the country's benchmark slips in early trade, although regional fund managers are seen parking their cash in Kuwait stocks after booking gains in neighbouring markets.
National Mobile Telecommunications (Wataniya) falls 0.9 percent and Ahli United Bank dips 1.1 percent as none of the 10 largest stocks advance, with three down and seven flat.
The index slips 0.1 percent to 6,242 points, trimming its 2012 gains to 7.3 percent. The Dubai and Saudi Arabia
benchmarks are up 23 and 17.5 percent respectively this year.

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