Wednesday, 13 June 2012

MIDEAST STOCKS-Kuwait at 4-month low as tensions weigh; Saudi up - Yahoo! News Maktoob

Kuwait's benchmark slumped to a 4-month low on Wednesday as ongoing political uncertainty in the Gulf state weighed on investor sentiment, while other regional bourses were largely muted.
The country's index dropped 1.7 percent to its lowest close since Feb. 12, following the resignation of a second minister in less than a month on Tuesday.
Social Affairs and Labour Minister Ahmed al-Rujaib resigned on Tuesday, the second cabinet minister to quit in less than a month.

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