Fniancial shares losses weigh on Kuwait market

19 October 2010

The KSE Market Index dipped 0.38% Tuesday, ending at 7,018.8 points. Shares of Burgan Bank, which surged 57% since July, weakened 1.02% to finish at KD0.485. Shares of Zain Telecom lost 1.40%, closing at KD1.400. Its rival Etisalat from the UAE said today that no agreement has been reached as yet to buy 46% in Zain for the price of KD1.70 per share.

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