Kuwait's index KWSE fell, led by weakness in Kharafi Group companies following the death of chairman Nasser Al Kharafi. Zain dropped 3.3 percent. The Kharafi Group was a major supporter of Zain's $12bn stake sale to UAE's Etisalat. The deal fell through in March after Etisalat pulled out. The benchmark fell 0.8 percent to 6,336 points, a week low. "The market will be down for two days, maximum. We're not clear on who will be taking over the business from Nasser Al Kharafi," saod a Kuwait-based trader on terms on anonymity. National Bank of Kuwait was also down 1.7 percent, part-owned by Al Kharafi. EgyptKuwait Holding, which counts Al Kharafi Group as a majority holder, also plunged 6.9 percent.
