Analysis of some Kuwaiti stocks
22 December 2008
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. | |
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This is a chart of GFHK. | |
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This is a chart of Zain, Kuwait | |
If you'd like to see how I work through Middle East markets in real depth, I cover this in the impulse and correction chapters of Five Waves to Financial Freedom, the same tools used across every market I trade, including Middle East indices.