Some 200 Kuwait investors protested in the streets of Kuwait City on Wednesday demanding that the government intervene after suffering severe losses in a record one-day drop in share prices.
The Kuwait Stock Exchange, according to Gulf News, dropped by more than 400 points before midday, only to bounce back to 10,705 points by the end of the day.
However, the market closed on Wednesday some 2.3 percent lower than the previous day.
The exchange has been in a downward trend for weeks after breaking the 12,000-point psychological barrier in early February.
"I have lost 60 percent of my capital in a month and a half," said protester Riyadh Al Nasser.
"The government has to intervene (by investing its) funds and portfolios," Nasser added.
Though non-violent, the protest was a rare sight in the city, attracting countless security officers, journalists and bystanders.
© 2006 Mena Report (www.menareport.com)
