Financial and Banking News


Kuwait Stock Market Value Drops $7.3bn in 1985 

Al-Shal Bureau, a prominent financial consultancy in Kuwait, has published an assessment of the stock market in Kuwait which estimates that share prices of Kuwaiti companies fell by 44.82% and of Gulf companies by 45.66% during 1985, resulting in KD2.1bn being wiped off the book value of all shares traded on the Kuwait Stock Exchange (KSE). Howevers Al-Shal's figures show a slight...