Sunday, 13 September 2015

MIDEAST STOCKS-Gulf mixed; Kuwait's Americana drops on stake sale comment | Reuters

MIDEAST STOCKS-Gulf mixed; Kuwait's Americana drops on stake sale comment | Reuters:

"Gulf stock markets were little changed in thin early trade on Sunday, while Kuwait Food (Americana) fell after saying it had received no binding offers from suitors.

Americana shares were down 2.4 percent on a Kuwait stock index off by just 0.09 percent.

The company, backed by Kuwait's billionaire al-Kharafi family, said talks were under way with several parties interested in buying a stake in it."



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