Analysis of some Kuwaiti stocks

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

 

About Ramki

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!
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