Globally speaking, 4Q 2008 was an unforgettable quarter for all markets. Again, here in this post I’ll talk about the KSE and quantify the effect of 4Q 2008 on the market. The aggregated losses of all listed companies in the KSE equaled to USD 11.3 billion (KD 3.2 billion). This means that it will take us 2.8 normalized quarters of USD 4 billion each, or 8.3 quarters of USD 1.37 billion which were recorded in 2Q ‘09.
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Loading ...Tags: 4th quarter earnings, KSE, Kuwait, Kuwait Stock Exchange, Q4 2008
2 more years!
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Saud Reply:
October 11th, 2009 at 11:13 pm
they’re gonna be 2 loooong years
[Reply]
[...] The aggregated losses of all listed companies in the Kuwait SE equalled USD 11.3 billion (KD 3.2 billion). This means that it will take us 2.8 normalized quarters of USD 4 billion each, or 8.3 quarters of USD 1.37 billion which were recorded in 2Q ’09 to recover the losses.For more details on this subject read “How bad was Q4 2008“ [...]