VOL. XLIII

No. 02

10-January-2000

KUWAIT

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...