The KSE Market or Price Index lost 0.56% to close at 6,947.1, mostly driven lower by investment and insurance firms. Amar for Finance and Leasing Co. posted the largest loss, closing 8.33% lower at KD0.055. Al-Dar National Real Estate Co. surged 6.97% to finish at KD0.023. According to real estate advisory group Jones Land LaSalle across the Middle East and North Africa, negative changes in real estate values are the highest in Dubai at -18%, followed by Kuwait, the Levant, Bahrain, Abu Dhabi, Oman and Qatar.
You might also like...
Iran-Israel conflict risk eases off
26 April 2024
Fifa unveils Aramco as latest global partner
26 April 2024
UAE rides high on non-oil boom
26 April 2024
Qiddiya evaluates multipurpose stadium bids
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.