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About: Souk Al-Manakh stock market crash     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatRetailMarketsInKuwait, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatStockMarketCrashesyago:Abstraction100002137yago:Act100030358yago:Activity100407535yago:Clang107380144yago:Event100029378yago:Happening107283608yago:Market101097292yago:Noise107387509yago:PsychologicalFeature100023100yago:YagoPermanentlyLocatedEntityyago:Sound107371293yago:WikicatRetailMarketsInKuwait New Facet based on Instances of this Class

The Souk Al-Manakh stock market crash was the 1982 stock market crash of Kuwait's unofficial stock market, the Souk Al-Manakh (Arabic: سوق المناخ). The Al-Manakh market was housed in an air-conditioned parking garage in the historic area of Jibla, Kuwait City. The market was specialized in highly speculative and unregulated non-Kuwaiti companies. At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.