Kuwait's index fell to a two-week low on Thursday, dropping for a third time this week, as political instability and lack of government spending keeps investors on the sidelines.
The benchmark dropped 0.4 percent to its lowest close since Sept 26. The benchmark had dropped to an 8-year low in August.
Kuwait needs to step up spending on infrastructure to boost economic growth, the head of its largest lender, National Bank of Kuwait, said on Thursday, in unusually critical comments for a Gulf business leader.
No comments:
Post a Comment