Kuwait Shares at 5-Year Low Tuesday

Published November 15th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

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 

 

© 2000 Al Bawaba (www.albawaba.com)

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