Dec 222008
 

Many readers from Kuwait have expressed concern about the stock market there. The Government has promised a rescue of some sort, and traders are eagerly waiting for some State sponsored buying of stocks. Meanwhile, many blue chip stocks are continuing to decline, and we take a look at NBK, GFHK and Zain today.

NBK (But read this along with the chart of early December below)

NBK (But read this along with the chart of early December below)

This is a chart I prepared on 2nd Dec 08

This is a chart I prepared on 2nd Dec 08

gfhk-22-dec-08

This is a chart of GFHK.

zain-22-dec-08
This is a chart of Zain, Kuwait

 

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