Mideast Stocks – Major Gulf markets mixed; SP revises Kuwait’s outlook – ZAWYA

Mideast Stocks – Major Gulf markets mixed; SP revises Kuwait’s outlook – ZAWYA

mideast stocks - major gulf markets mixed; s&p revises kuwait's outlook kuwaiti index retreated 1%, as most of its stocks traded in negative territory    a kuwaiti investor looks onto the trading floor at the kuwait stock exchange april 23, 2003 in kuwait city, kuwait. major stock markets in the gulf were mixed in early trade on sunday, while the kuwaiti index underperformed the region after s&p global ratings revised the gulf state's outlook to 'negative' from 'stable'. the ratings agency said it expects kuwait's main liquidity buffer, the general reserve fund (grf), to be insufficient to cover central government deficit.saudi arabia's benchmark index edged up 0.2%, helped by a 3.5% leap in jabal omar development and a 2% gain in saudi british bank.the ratings agency said it expects kuwait's main liquidity buffer, the general reserve fund (grf), to be insufficient to cover central government deficit.major stock markets in the gulf were mixed in early trade on sunday, while the kuwaiti index underperformed the region after ssaudi arabia's benchmark index edged up 0.2%, helped by a 3.5% leap in jabal omar development and a 2% gain in saudi british bank.but oil giant saudi aramco dropped 0.5%.talks over the sale of a