Zain, the largest compay in market capitalization, has been halted from trading on Sunday following their AGM on Thursday. Trading in the KSE has decreased significantly and reached its lowest levels since the begining of the crisis. Previously I did an anlysis on how will the market be affected if Zain was suspended from trading (click here) and the result of the analysis was that the market as whole will be affected and there will be a sharp decline in value traded. Today I did a similar analysis,where I showed the share of Zain’s value traded out of the value traded of the KSE. We will continue to see low volumes until Zain resumes trading, maybe then we will see some recovery in the market.
*The chart below shows the value traded in the KSE since Jan ‘09
* The bar chart below shows how much Zain contributed in the monthly traded value of the whole market.
* This pie chart shows Zain’s value traded contribution to the whole market from year-to-date.
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Loading ...Tags: KSE, Kuwait Stock Exchange, Zain
