MIDEAST STOCKS-Low investor turnout before Eid hurts most bourses, Kuwait resilient:
"Thin news flow and upcoming Islamic holidays towards the end of the week kept many long-term equity investors away on Sunday, leaving stock markets in the Middle East vulnerable to profit- taking, but Kuwait’s index bucked the trend. “Speculators are booking capital gains while long-term investors were dormant,” said a Jeddah-based broker. Stock markets are often sparsely traded ahead of Eid al-Adha, he noted. The holidays will start on Wednesday in Saudi Arabia and Thursday in the United Arab Emirates."
'via Blog this'
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