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Dow Jones Islamic Market Indexes commentary: September 2011

Posted on 07 October 2011

‎Within the Dow Jones Islamic Market Indexes (DJIM) family, the DJIM Pakistan Index posted the largest advance in September, gaining 3.50%. With its year-to-date gain of 5.32%, the DJIM Pakistan Index is also the DJIM family’s top gainer for the first three quarters of 2011. And, while the DJIM Kuwait Index added 0.20% in September, it is down 17% since the beginning of the calendar year, making it one of the top losing composites year-to-date.
“Due to the politically divided environment, along with some corruption scandals in Kuwait, the Kuwaiti government’s ability to implement its ambitious $104 billion investment plan is compromised,” said David Lubin, Head of Emerging Markets Economist at Citigroup……………………………………….Full Article: Source

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