| Kuwait market underperforms despite rise in oil prices |
| Sunday, 13 November 2011 06:12 | |||
|
Kuwait: Although US crude oil prices rose to almost $100 per barrel, the KSE Market Index dipped 0.71% to 5,868.5 points. The northern Gulf state's largest lender in relations to assets and market value National Bank of Kuwait, known as NBK, lost 1.71%, closing at KD1.140. Oil prices rose by 17% during the last four weeks. Kuwait generates 95% of its budget from oil esports. [AMEInfo.com]
Read more: Kuwait market underperforms despite rise in oil prices
|