[ad_1]
Kuwait-Mubasher: The Kuwait Stock Exchange (KSE) announced Thursday the end of the disclosure period for listed companies for its interim financial statements.
She added that, pursuant to paragraph (a) of Article (1-15) of the Twelfth Book (Listing Rules), the trading of the shares of 5 companies will be suspended if the delay is greater than 15 days.
The five companies are: Tamkeen Holding, Al Alamiya for Real Estate Cities, Reem Real Estate, with Ajwan Gulf Real Estate and Al Kout industrial projects "suspended".
Article (1-15) of Book 12 states that the Authority may suspend the registration of any security listed on the Exchange, in violation of the obligations of the registered firm under the laws and regulations of the Authority. and stock market, and in the event of disasters, crises and disruptions. This can have serious effects on the market and ensure the protection of resellers on the markets.
The Kuwait Stock Exchange was established in April 2014 by the CMA Council of Commissioners Decision No. 37/2013 of November 20, 2013. It replaced the Kuwait Stock Exchange and became Kuwait's official stock exchange as of April 25, 2016.
At 9:37 am Kuwait time, the primary market index fell 0.85 percent, and the index for the year fell by 0.77 percent and 0.55 percent, respectively.
appointments:
14 Surplus of $ 1 billion in Kuwait's trade in 5 months
3 Pillars of the strategy of "national real estate" to strengthen its treasury
21.6 Agility announces a profit of 2 million KD
"Ahli United receives offer to sell its stake in KMEFIC"
[ad_2]
Source link
