Thursday 1 November 2012

MIDEAST STOCKS-Kuwait sinks to 8-yr low on political upheaval; most Gulf mkts up | Reuters

Intensifying political turmoil in Kuwait, where police used teargas to disperse protesters a day earlier, triggered another sell-off on the country's main index on Thursday, dragging it down to its lowest level since August 2004.

Most other Gulf bourses ended higher ahead of the weekend.

Kuwait's benchmark fell 1.9 percent to 5,658 points, falling below the previous eight-year low hit in August this year.

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