OMICRON SCARES INVESTORS, KUWAIT STOCK MARKET PLUNGES 1.2 BILLION DINARS

  • 29/11/2021

Kuwait City: The Covid19 new variant has sent investors into a tailspin. Yesterday was the biggest drop in a day since March 2020. The All Stokes Index was down 199.47 points at 6,928.74. At the Interbank Foreign Exchange (Forex) market, the benchmark Sensex fell by 207.17 points to 7,512.80 points. BK Main fell 50,205.48 points to 5,957.22.


At the same time, after two days of decline, volume sales jumped to over 400 million. More than 443 million shares traded. It has been up 102 percent since Thursday. All areas ended up on the red turf. Consumer derivatives fell 5.54 percent. This is also the worst performing region. In second place is the real estate sector. It was down 4.65 per cent.

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