KUWAIT CITY // Only one traded stock in Kuwait is more valuable than one Kuwaiti dinar (Dh12.5) after the regular market fell for the sixth consecutive day yesterday, bringing the exchange’s index to its lowest value in almost four years.
The drop is a serious concern in a country where most citizens invest in the market.
In the past year, 36 companies’ stocks were valued at more than one dinar, but the effects of the global credit crunch ravaged the market. The Middle East’s second largest exchange nosedived more than 50 per cent in the past year.
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