Sunday 4 November 2012

MIDEAST STOCKS-Kuwait hits new 8-yr low; most Gulf mkts lower - Yahoo! News Maktoob

Gulf bourses were mostly lower on Sunday with political tension weighing on Kuwait, while Saudi Arabia's measure gained in thin trade.
Kuwait's index slumped to a new eight-year closing low ahead of a major demonstration planned by the opposition later in the day. The market finished 0.1 percent lower.
The opposition said it would would press ahead with the march to protest against new voting rules, while the government warned it would not tolerate unsanctioned demonstrations. Some protests in recent weeks have seen clashes between police and demonstrators.

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