Expatriates wait for mandatory coronavirus testing in a makeshift testing centre in Mishref, Kuwait March 14, 2020.REUTERS
MOST Middle Eastern stock markets fell on Sunday, with Kuwait’s main index leading losses after S&P Global Ratings cut the government’s credit rating last week.
The Boursa Kuwait Premier Market Price index lost as much as 4.7%, with Kuwait Finance House, National Bank of Kuwait and Ahli United Bank dropping more than 3.9%. Kuwait was downgraded one level to AA-, with S&P maintaining a stable outlook.
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