No. 02



No Significant Rebound For KSE In 1999

Despite hopes that rising oil prices might boost the national bourse, the Kuwait Stock Exchange (KSE) failed to achieve any significant turn-around in the year 1999 and continues to be one of the regions most troubled stock markets. According to the latest report produced by Kuwaiti Consulting firm Al-Shall, while the KSE did recover about 15.2% of the losses recorded in 1998 by the end of the year, the Al-Shall index...