Wednesday 09, April 2008 by

Kuwait market registers a monthly decline of 5.1 per cent in March

During the month, many companies in Kuwait were traded ex-dividend pushing investors to change their positions after profit distributions. After recording a gain of 3.6 per cent in February 2008, the Kuwaiti Global General Index reported a decline of 5.1 per cent ending March at 402.50 points. Market capitalisation reached $234.6 billion at the end of the month, registering a decline of 1.8 per cent compared to the previous month.

Features & Analyses