Mideast Stocks-Kuwait leads most of Gulf lower; Egypt edges up – ZAWYA

SourceZawya
SectorFinancial Markets
CountryKuwait

Mideast Stocks-Kuwait leads most of Gulf lower; Egypt edges up Dubai's du falls as it traded ex-dividend    Investors work the floor of the Kuwait Stock Market March 12, 2003 in Kuwait City, Kuwait. Partly as a result to the looming war with Iraq, the Kuwait stock exchange is in the middle of one of its largest rallies ever. Image used for illustrative purposes.Most bourses in the Gulf ended lower on Wednesday, ahead of Eid Al-Adha holidays, with Kuwaiti shares falling the most as investors shunned stocks across the board.Many investors prefer to cash in holdings ahead of the Eid holiday, which lasts for at least three days in most Gulf countries.In Kuwait, the index declined 1.3% as most of its constituents ended in negative territory, including Kuwait Finance House...read more...