Kuwait market ends 1.33% lower

14 June 2010

Despite oil prices rising, the energy-price sensitive market in Kuwait fails to pick up. Investors in Kuwait saw the KSE Market Index falling by 1.33% to 6,553.5 points. Al Salam Group Holding posted the largest loss, closing 8.77% lower at KD0.104. Kuwait Cable Vision bucked the trend, advancing 13.23% at KD0.77. Oil was trading above $75 per barrel. The black gold's value rose by three percent during the last month.

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