Kuwaiti shares lose across the board

14 October 2010

The KSE Market Index dipped 0.92% to finish at 7,010.5 points. All industry sectors landed in the red. National Bank of Kuwait (NBK), the country's largest lender by assets, lost 1.4%, closing at KD1.400. NBK has reported an 11.4% rise in net profits for the first nine months of 2010 to $789m, compared to $709m for the same period in 2009. Total assets reached $44bn while total shareholders' equity stood at $7bn.

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