Thursday 1 November 2012

STOCKS NEWS MIDEAST-Kuwait index slumps to 8-year low on political turmoil - Yahoo! News Maktoob

Intensifying political turmoil in Kuwait and violent protests trigger another sell-off, dragging the index to its lowest level since August 2004.
The benchmark falls 1.9 percent to 5,658 points, breaking below the previous eight-year low hit in August this year.
"The political instability is directly impacting the short-term and long-term outlook for Kuwait," says Fouad Darwish, head of brokerage services at Global Investment House.

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