Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Kuwait

Agility News Underscores Negative Stock View

April 2010 | Market Strategy

We pointed out yesterday that the Kuwait Stock Exchange could be heading for a rocky period, and sure enough it has fallen through the key support level we highlighted. As the chart shows, this takes it out of a trend channel in which it has been trading since early December, which is a potentially negative signal.

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