Google+ Followers

Thursday, 30 March 2017

MIDEAST STOCKS-Kuwait weighed down by ex-dividend shares, region quiet | Reuters

MIDEAST STOCKS-Kuwait weighed down by ex-dividend shares, region quiet | Reuters:

"Kuwait's stock market underperformed in an otherwise quiet region during early trade on Thursday as three Kuwaiti large-cap shares went ex-dividend. The Kuwaiti index dropped 1.9 percent because of a 4.4 percent drop in Ahli United Bank, a 3.3 percent decline in Kuwait Telecom and a 1.5 percent fall in Burgan Bank. Most other stocks also fell with Boubyan Bank down 2.4 percent. Meanwhile Riyadh's index was up 0.3 percent in the first half-hour as most petrochemical shares rose. National Industrialization (Tasnee) added 1.8 percent."



'via Blog this'