Monday, 25 June 2012

Politics drags down Kuwait's stock market - The National

Kuwait's shares declined for a fifth day as the country's political crisis worsened.

The latest fall came after Kuwait's constitutional court ruled this year's parliamentary elections were unconstitutional and called for the body to be dissolved.

Gulf Finance House declined 1.4 per cent to 35 dinars per share on the Kuwait Stock Exchange. Ithmaar Bank tumbled 6.1 per cent to 31 dinars per share. Al Madina for Finance and Investment dropped 5.2 per cent to 45 dinars.

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