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Kuwait bourse loses further

September 3rd, 2009  |  Posted in Kuwait by AME INFO  |  Comments

Kuwait: The Kuwait bourse KSE lost value for the fifth consecutive day, closing at 7,788.2 points (Price Index). Boubyan Bank, which operates in line with Islamic Law (Sharia) extended its gains from yesterday, advancing by 7.5% to KD0.580. Jazeera Aiways remained flat at KD0.240. The Kuwaiti budget carrier announced today that it is adding two additional weekly flights to its schedule for the Kuwait-Jeddah route, following consistently high demand for the service. Jazeera Airways currently operates a fleet of ten new Airbus A320s. The KSE lost 2.13% this week, also because of lower oil prices. [AMEInfo.com]


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