Kuwait Shares at 5-Year Low Tuesday
The Kuwait stock market hit a five-year low Tuesday of 1,335.5, almost seven percent down on the year, Mid-East Financial Information (AME Info) reported.
Investors were quoted by AME as saying that "the low point reflected a lack of confidence in Government promises to reform the economy."
Four the past 90 days, the KST reached peak on November 9 with 1459, but slipped to reach its lowest on November 14.
On Wednesday, it closed at 1340.2 -- Albawaba.com
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