The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.
Kuwait International Bank (KIB) , the Persian Gulf country’s smallest lender by market value, slumped to the lowest since Sept. 5, decreasing 1.9 percent to 260 fils. The company’s board accepted the resignation of Chief Executive Officer Mahmoud Abul Eyoun.
Shuaa Capital PSC (SHUAA) sank to the lowest in more than eight years, dropping 7.4 percent to 69 fils. The investment bank controlled by Dubai’s ruler said it had a third- quarter loss after making valuation adjustments and booking provisions.
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