yearly performance of SABIC and STC, which both represent 41 per cent of the market's capitalisation. In Kuwait, the KSE all-share price index edged up this week closing at 8,712.4 points, with selective buying dominating transactions that focused mainly on banking and investment fund shares, dealers said. The UAE stock markets also continued to lose ground for the second consecutive week. The all-share price indexes of Abu Dhabi and Dubai bourses fell 2.7 per cent and 6.4 per cent to close at 5,302.4 points and 921.2 points respectively. Egypt's Hermes benchmark price gained 1.4 per cent this week, to close on Thursday at 42,952 points, up from 42,342 points last week. -- SPA 0021 Local Time 2121 GMT
